THORNAC A/S — Credit Rating and Financial Key Figures

THORNAC A/S (CVR number: 80070411) is a company from ALLERØD. The company recorded a gross profit of -182.3 kDKK in 2021. The operating profit was -185 kDKK, while net earnings were 63.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.4 %, which can be considered excellent but Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORNAC A/S's liquidity measured by quick ratio was 106.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.