TORMAX DANMARK A/S — Credit Rating and Financial Key Figures

TORMAX DANMARK A/S (CVR number: 52781612) is a company from VEJLE. The company recorded a gross profit of 46.7 mDKK in 2023. The operating profit was 16.3 mDKK, while net earnings were 13 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 20.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.1 %, 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. TORMAX DANMARK A/S's liquidity measured by quick ratio was 2.2 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.