Michael Torp ApS — Credit Rating and Financial Key Figures

Michael Torp ApS (CVR number: 43299204) is a company from HORSENS. The company recorded a gross profit of 720.8 kDKK in 2024. The operating profit was 146.1 kDKK, while net earnings were 111.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 82.3 %, which can be considered excellent and Return on Equity (ROE) was 108.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. Michael Torp ApS's liquidity measured by quick ratio was 2.3 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.