TORBEN HJORTH OLSEN ApS — Credit Rating and Financial Key Figures

TORBEN HJORTH OLSEN ApS (CVR number: 87866114) is a company from HJØRRING. The company recorded a gross profit of 614.5 kDKK in 2023. The operating profit was -2377.3 kDKK, while net earnings were -1803.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.6 %, which can be considered poor and Return on Equity (ROE) was -17.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. TORBEN HJORTH OLSEN ApS's liquidity measured by quick ratio was 2.6 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.