TANKEGANG A/S

TANKEGANG A/S (CVR number: 21888400) is a company from HJØRRING. The company recorded a gross profit of 3989 kDKK in 2023. The operating profit was 236.8 kDKK, while net earnings were 197.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 13.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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. TANKEGANG A/S's liquidity measured by quick ratio was 2.7 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.