Tomax Technology ApS — Credit Rating and Financial Key Figures

Tomax Technology ApS (CVR number: 41818565) is a company from AALBORG. The company recorded a gross profit of 353.7 kDKK in 2023. The operating profit was -1791.9 kDKK, while net earnings were -1410.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -12.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tomax Technology ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.