Tårnvej Biler ApS — Credit Rating and Financial Key Figures

Tårnvej Biler ApS (CVR number: 38691279) is a company from BILLUND. The company recorded a gross profit of 1396.9 kDKK in 2023. The operating profit was 436.8 kDKK, while net earnings were 338.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.4 %, which can be considered excellent and Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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. Tårnvej Biler ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.