Martin Thorgaard Holding ApS — Credit Rating and Financial Key Figures

Martin Thorgaard Holding ApS (CVR number: 43688154) is a company from SKIVE. The company recorded a gross profit of -13.1 kDKK in 2024. The operating profit was -213 kDKK, while net earnings were 1671.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54.3 %, which can be considered excellent and Return on Equity (ROE) was 54.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Martin Thorgaard Holding ApS's liquidity measured by quick ratio was 149.1 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.