TOOL DENMARK A/S

TOOL DENMARK A/S (CVR number: 26089344) is a company from ODENSE. The company recorded a gross profit of 16.9 mDKK in 2023. The operating profit was 2507.5 kDKK, while net earnings were 1789.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TOOL DENMARK A/S'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.