TOFTGAARD TEXTIL A/S — Credit Rating and Financial Key Figures

TOFTGAARD TEXTIL A/S (CVR number: 71343618) is a company from SILKEBORG. The company recorded a gross profit of 1064.6 kDKK in 2017. The operating profit was 123.8 kDKK, while net earnings were 102.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.2 %, 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. TOFTGAARD TEXTIL A/S's liquidity measured by quick ratio was 2.5 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.