Tjørring Gl. Bibliotek ApS — Credit Rating and Financial Key Figures

Tjørring Gl. Bibliotek ApS (CVR number: 38803735) is a company from HERNING. The company recorded a gross profit of 1435.4 kDKK in 2022. The operating profit was -721.7 kDKK, while net earnings were 1750.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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. Tjørring Gl. Bibliotek 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.