Torsmark ApS — Credit Rating and Financial Key Figures

Torsmark ApS (CVR number: 34222150) is a company from SKIVE. The company recorded a gross profit of 10.1 mDKK in 2023. The operating profit was 5809 kDKK, while net earnings were 4427.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 53.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.1 %, 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. Torsmark ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.