Torp ApS — Credit Rating and Financial Key Figures

Torp ApS (CVR number: 38553399) is a company from IKAST-BRANDE. The company recorded a gross profit of 1873.3 kDKK in 2023. The operating profit was 53.8 kDKK, while net earnings were 18.1 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 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 14.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Torp ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.