Tornlundgaard ApS — Credit Rating and Financial Key Figures

Tornlundgaard ApS (CVR number: 43644386) is a company from MORSØ. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 39 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor but Return on Equity (ROE) was 93.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tornlundgaard ApS's liquidity measured by quick ratio was 21.9 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.