'TORVEVÆNGET' ApS — Credit Rating and Financial Key Figures

'TORVEVÆNGET' ApS (CVR number: 11473717) is a company from KØBENHAVN. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -18 % compared to the previous year. The operating profit percentage was at 92 % (EBIT: 0.7 mDKK), while net earnings were 548.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 'TORVEVÆNGET' ApS's liquidity measured by quick ratio was 3.9 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.