K. TANG NIELSEN ApS — Credit Rating and Financial Key Figures

K. TANG NIELSEN ApS (CVR number: 26882931) is a company from KØGE. The company recorded a gross profit of -134.9 kDKK in 2023. The operating profit was -295.2 kDKK, while net earnings were 13.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent but Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K. TANG NIELSEN ApS's liquidity measured by quick ratio was 22.8 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.