TRANEMO WORKWEAR DANMARK A/S — Credit Rating and Financial Key Figures

TRANEMO WORKWEAR DANMARK A/S (CVR number: 26292654) is a company from HJØRRING. The company recorded a gross profit of 10.6 mDKK in 2023. The operating profit was 4628.4 kDKK, while net earnings were 3734.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. TRANEMO WORKWEAR DANMARK A/S's liquidity measured by quick ratio was 3.1 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.