TORNBY ENTREPRENØRFORRETNING ApS — Credit Rating and Financial Key Figures

TORNBY ENTREPRENØRFORRETNING ApS (CVR number: 26446082) is a company from HJØRRING. The company recorded a gross profit of -74.1 kDKK in 2020. The operating profit was -75.8 kDKK, while net earnings were -84.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. TORNBY ENTREPRENØRFORRETNING ApS's liquidity measured by quick ratio was 4.4 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.