T.A.P. ApS — Credit Rating and Financial Key Figures

T.A.P. ApS (CVR number: 10306175K) is a company from ESBJERG. The company recorded a gross profit of 37.6 mDKK in 2023. The operating profit was 7840 kDKK, while net earnings were 5904 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 58.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.6 %, 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. T.A.P. ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.