Torp Tømrer og Snedker ApS — Credit Rating and Financial Key Figures

Torp Tømrer og Snedker ApS (CVR number: 38325248) is a company from AALBORG. The company recorded a gross profit of 39.9 kDKK in 2022. The operating profit was 8 kDKK, while net earnings were -7.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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. Torp Tømrer og Snedker ApS's liquidity measured by quick ratio was 3.4 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.