TG RENOVATION ApS — Credit Rating and Financial Key Figures

TG RENOVATION ApS (CVR number: 32317448) is a company from ALBERTSLUND. The company recorded a gross profit of 2129.7 kDKK in 2023. The operating profit was 40.5 kDKK, while net earnings were 2.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TG RENOVATION ApS's liquidity measured by quick ratio was 14.4 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.