Tengedal Ejendomme ApS — Credit Rating and Financial Key Figures

Tengedal Ejendomme ApS (CVR number: 38192078) is a company from AALBORG. The company recorded a gross profit of 963.3 kDKK in 2023. The operating profit was 620.2 kDKK, while net earnings were -1612.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was -8.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tengedal Ejendomme ApS's liquidity measured by quick ratio was 1.8 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.