TAGPAP DK ApS — Credit Rating and Financial Key Figures

TAGPAP DK ApS (CVR number: 29449619) is a company from RINGSTED. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a decline of -37 % compared to the previous year. The operating profit percentage was poor at -12.6 % (EBIT: -0.2 mDKK), while net earnings were -174.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.4 %, which can be considered poor and Return on Equity (ROE) was -9.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TAGPAP DK ApS's liquidity measured by quick ratio was 11.7 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.