TGAS ApS — Credit Rating and Financial Key Figures

TGAS ApS (CVR number: 43091964) is a company from KØBENHAVN. The company recorded a gross profit of 313.4 kDKK in 2024. The operating profit was 313.4 kDKK, while net earnings were 266 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 109.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.8 %, 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. TGAS ApS's liquidity measured by quick ratio was 6.6 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.