TMJ Glas og Byg ApS — Credit Rating and Financial Key Figures

TMJ Glas og Byg ApS (CVR number: 39683148) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 679 kDKK in 2023. The operating profit was 148 kDKK, while net earnings were 105.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. TMJ Glas og Byg ApS's liquidity measured by quick ratio was 3.8 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.