TANTECH ApS — Credit Rating and Financial Key Figures

TANTECH ApS (CVR number: 30070194) is a company from REBILD. The company recorded a gross profit of 904.1 kDKK in 2023. The operating profit was 248.5 kDKK, while net earnings were 193 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.7 %, which can be considered excellent and Return on Equity (ROE) was 61 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. TANTECH ApS's liquidity measured by quick ratio was 5.7 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.