TERNTANK REDERI A/S

TERNTANK REDERI A/S (CVR number: 34584362) is a company from FREDERIKSHAVN. The company reported a net sales of 66.8 mUSD in 2023, demonstrating a growth of 12.3 % compared to the previous year. The operating profit percentage was at 27.6 % (EBIT: 18.5 mUSD), while net earnings were 13.4 mUSD. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TERNTANK REDERI A/S's liquidity measured by quick ratio was 1.6 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.