TORNVIG CHRISTENSEN MASKINER A/S — Credit Rating and Financial Key Figures

TORNVIG CHRISTENSEN MASKINER A/S (CVR number: 28684746) is a company from HERNING. The company recorded a gross profit of 19.7 mDKK in 2023. The operating profit was 8915.9 kDKK, while net earnings were 6534.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.8 %, which can be considered excellent and Return on Equity (ROE) was 55 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.4 %, 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. TORNVIG CHRISTENSEN MASKINER A/S'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.