Tage-Hansens Gade 19-23 ApS — Credit Rating and Financial Key Figures

Tage-Hansens Gade 19-23 ApS (CVR number: 41354712) is a company from KØGE. The company recorded a gross profit of 4155.1 kDKK in 2023. The operating profit was 958.8 kDKK, while net earnings were 53.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. Tage-Hansens Gade 19-23 ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.