FONDEN TOPPEN AF DANMARK — Credit Rating and Financial Key Figures

FONDEN TOPPEN AF DANMARK (CVR number: 13777381) is a company from FREDERIKSHAVN. The company recorded a gross profit of -22.7 kDKK in 2019. The operating profit was -22.7 kDKK, while net earnings were -22.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.7 %, which can be considered poor and Return on Equity (ROE) was -113.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. FONDEN TOPPEN AF DANMARK's liquidity measured by quick ratio was 1.4 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.