TÅRNBYFORSYNING VAND A/S — Credit Rating and Financial Key Figures

TÅRNBYFORSYNING VAND A/S (CVR number: 32667708) is a company from TÅRNBY. The company reported a net sales of 31.6 mDKK in 2023, demonstrating a growth of 33.5 % compared to the previous year. The operating profit percentage was at 4.4 % (EBIT: 1.4 mDKK), while net earnings were 1173.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.4 %, 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. TÅRNBYFORSYNING VAND A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.