TOOLSPANN A/S

TOOLSPANN A/S (CVR number: 10933242) is a company from FAXE. The company recorded a gross profit of 122.2 kDKK in 2023. The operating profit was -298.2 kDKK, while net earnings were -229.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.9 %, which can be considered poor and Return on Equity (ROE) was -18.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. TOOLSPANN A/S's liquidity measured by quick ratio was 1.8 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.