Tusass A/S — Credit Rating and Financial Key Figures

Tusass A/S (CVR number: 17516345) is a company from SERMERSOOQ. The company reported a net sales of 823.6 mDKK in 2023, demonstrating a growth of 3.6 % compared to the previous year. The operating profit percentage was at 20 % (EBIT: 164.5 mDKK), while net earnings were 124 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.2 %, 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. Tusass A/S's liquidity measured by quick ratio was 1.8 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.