TORNHØJ, GELSTED ApS — Credit Rating and Financial Key Figures

TORNHØJ, GELSTED ApS (CVR number: 70597314) is a company from MIDDELFART. The company recorded a gross profit of 51 kDKK in 2023. The operating profit was 48.1 kDKK, while net earnings were 15.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.3 %, 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. TORNHØJ, GELSTED ApS's liquidity measured by quick ratio was 1.8 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.