TØNDER FESTIVAL FOND — Credit Rating and Financial Key Figures

TØNDER FESTIVAL FOND (CVR number: 62970111) is a company from TØNDER. The company recorded a gross profit of 2462.5 kDKK in 2023. The operating profit was 1182.4 kDKK, while net earnings were 993.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TØNDER FESTIVAL FOND'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.