Togsverd Development ApS — Credit Rating and Financial Key Figures

Togsverd Development ApS (CVR number: 41011572) is a company from GLOSTRUP. The company recorded a gross profit of -85.7 kDKK in 2023. The operating profit was -85.7 kDKK, while net earnings were -83.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.9 %, which can be considered poor and Return on Equity (ROE) was -65.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Togsverd Development ApS'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.