Toornaq Fishing ApS — Credit Rating and Financial Key Figures

Toornaq Fishing ApS (CVR number: 40051813) is a company from SERMERSOOQ. The company recorded a gross profit of 5 kDKK in 2022. The operating profit was 5 kDKK, while net earnings were 5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.5 %, 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. Toornaq Fishing ApS's liquidity measured by quick ratio was 4.3 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.