TOGT EJENDOMSUDVIKLING A/S

TOGT EJENDOMSUDVIKLING A/S (CVR number: 34734313) is a company from ODENSE. The company recorded a gross profit of 10.9 kDKK in 2022. The operating profit was -1856.1 kDKK, while net earnings were 1918.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 1.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TOGT EJENDOMSUDVIKLING A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.