Totle Development ApS — Credit Rating and Financial Key Figures

Totle Development ApS (CVR number: 37769096) is a company from Høje-Taastrup. The company recorded a gross profit of -8.9 kDKK in 2023. The operating profit was -8.9 kDKK, while net earnings were -7.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.4 %, 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. Totle Development ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.