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 -23.5 kDKK in 2024. The operating profit was -23.5 kDKK, while net earnings were -26.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25 %. 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.