TOYOTA MATERIAL HANDLING DANMARK A/S — Credit Rating and Financial Key Figures

TOYOTA MATERIAL HANDLING DANMARK A/S (CVR number: 62657014) is a company from FREDERIKSSUND. The company reported a net sales of 881.7 mDKK in 2023, demonstrating a growth of 17 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 35.9 mDKK), while net earnings were 30.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. TOYOTA MATERIAL HANDLING DANMARK A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.