TORBEN JENSEN AUTOMOBILER ApS — Credit Rating and Financial Key Figures

TORBEN JENSEN AUTOMOBILER ApS (CVR number: 63484210) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 163.8 kDKK in 2023. The operating profit was 119.5 kDKK, while net earnings were 87.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORBEN JENSEN AUTOMOBILER ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.