TOFTEN ApS — Credit Rating and Financial Key Figures

TOFTEN ApS (CVR number: 34586799) is a company from HORSENS. The company recorded a gross profit of 76 kDKK in 2017. The operating profit was 71.3 kDKK, while net earnings were 55.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.9 %, which can be considered excellent and Return on Equity (ROE) was 35 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.2 %, 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. TOFTEN ApS'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.