TOFTEN HOLDING RANDERS ApS — Credit Rating and Financial Key Figures

TOFTEN HOLDING RANDERS ApS (CVR number: 31484561) is a company from RANDERS. The company recorded a gross profit of -8 kDKK in 2020. The operating profit was -8 kDKK, while net earnings were 11.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TOFTEN HOLDING RANDERS ApS's liquidity measured by quick ratio was 87.9 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.