TJ HOLDING HOVBORG APS — Credit Rating and Financial Key Figures

TJ HOLDING HOVBORG APS (CVR number: 36059443) is a company from VEJEN. The company recorded a gross profit of -57.3 kDKK in 2023. The operating profit was -57.3 kDKK, while net earnings were 316.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TJ HOLDING HOVBORG APS's liquidity measured by quick ratio was 16.3 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.