TORNUM SNEDKER- OG TØMRERFORRETNING ApS — Credit Rating and Financial Key Figures

TORNUM SNEDKER- OG TØMRERFORRETNING ApS (CVR number: 10059968) is a company from VEJEN. The company recorded a gross profit of 1671.4 kDKK in 2023. The operating profit was 60.5 kDKK, while net earnings were 40.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TORNUM SNEDKER- OG TØMRERFORRETNING ApS's liquidity measured by quick ratio was 1.2 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.