Thornæs Destilleri A/S — Credit Rating and Financial Key Figures

Thornæs Destilleri A/S (CVR number: 39433885) is a company from GRIBSKOV. The company recorded a gross profit of -413.3 kDKK in 2023. The operating profit was -2284.9 kDKK, while net earnings were -2217.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.4 %, which can be considered poor and Return on Equity (ROE) was -67.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Thornæs Destilleri A/S's liquidity measured by quick ratio was 2.1 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.