THOMAS ANDERSEN HOLDING ApS — Credit Rating and Financial Key Figures

THOMAS ANDERSEN HOLDING ApS (CVR number: 20755539K) is a company from SKIVE. The company recorded a gross profit of 7646 kDKK in 2013. The operating profit was 2141 kDKK, while net earnings were 1229 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THOMAS ANDERSEN HOLDING ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.