TOLINIE ApS — Credit Rating and Financial Key Figures

TOLINIE ApS (CVR number: 33043341) is a company from VARDE. The company recorded a gross profit of -7.5 kDKK in 2018. The operating profit was -7.5 kDKK, while net earnings were -5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TOLINIE ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.