Torben H. Holding ApS — Credit Rating and Financial Key Figures

Torben H. Holding ApS (CVR number: 40137548) is a company from THISTED. The company recorded a gross profit of -5.6 kDKK in 2020. The operating profit was -5.6 kDKK, while net earnings were -35.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 72.8 %, which can be considered excellent but Return on Equity (ROE) was -157.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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. Torben H. Holding ApS's liquidity measured by quick ratio was 1.3 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.