TK Holding, Dronninglund ApS — Credit Rating and Financial Key Figures

TK Holding, Dronninglund ApS (CVR number: 38625594) is a company from Brønderslev. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 23 % compared to the previous year. The operating profit percentage was at 99.4 % (EBIT: 1 mDKK), while net earnings were 954.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.1 %, which can be considered excellent and Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TK Holding, Dronninglund ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.