Torben Glar Holding ApS — Credit Rating and Financial Key Figures

Torben Glar Holding ApS (CVR number: 42277657) is a company from FAXE. The company recorded a gross profit of -15.5 kDKK in 2023. The operating profit was -15.5 kDKK, while net earnings were 356.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Torben Glar Holding ApS's liquidity measured by quick ratio was 1.1 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.