Tistrup Bilservice Aps — Credit Rating and Financial Key Figures

Tistrup Bilservice Aps (CVR number: 40204695) is a company from VARDE. The company recorded a gross profit of 4288.6 kDKK in 2023. The operating profit was 1507.8 kDKK, while net earnings were 1019.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 64.8 %, which can be considered excellent and Return on Equity (ROE) was 178.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tistrup Bilservice Aps's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.