TORSTED SKOVGAARD ApS — Credit Rating and Financial Key Figures

TORSTED SKOVGAARD ApS (CVR number: 19636208) is a company from IKAST-BRANDE. The company recorded a gross profit of 4339.7 kDKK in 2023. The operating profit was 869.5 kDKK, while net earnings were 27 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.7 %, 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. TORSTED SKOVGAARD ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.