SALT by Torvet 14 ApS — Credit Rating and Financial Key Figures

SALT by Torvet 14 ApS (CVR number: 33878893) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1168.3 kDKK in 2023. The operating profit was 149.4 kDKK, while net earnings were 103.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. SALT by Torvet 14 ApS's liquidity measured by quick ratio was 1.6 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.