Michael Tørving Holding ApS — Credit Rating and Financial Key Figures

Michael Tørving Holding ApS (CVR number: 39626187) is a company from ODENSE. The company recorded a gross profit of -6.6 kDKK in 2024. The operating profit was -6.6 kDKK, while net earnings were -5.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -16.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Michael Tørving Holding ApS's liquidity measured by quick ratio was 3.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.