Tårs Smedie og VVS ApS — Credit Rating and Financial Key Figures

Tårs Smedie og VVS ApS (CVR number: 37821918) is a company from HJØRRING. The company recorded a gross profit of 721 kDKK in 2023. The operating profit was -224.7 kDKK, while net earnings were -186.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, which can be considered poor and Return on Equity (ROE) was -17.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Tårs Smedie og VVS ApS's liquidity measured by quick ratio was 2.2 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.