Advokatanpartsselskabet TB 34 Holding — Credit Rating and Financial Key Figures

Advokatanpartsselskabet TB 34 Holding (CVR number: 36695080) is a company from AARHUS. The company recorded a gross profit of -6.9 kDKK in 2023. The operating profit was -6.9 kDKK, while net earnings were 47.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 5.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Advokatanpartsselskabet TB 34 Holding's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.