TAANING SØGAARD ApS — Credit Rating and Financial Key Figures

TAANING SØGAARD ApS (CVR number: 29199183) is a company from SKANDERBORG. The company recorded a gross profit of 815.8 kDKK in 2023. The operating profit was 495.4 kDKK, while net earnings were 629.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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. TAANING SØGAARD ApS's liquidity measured by quick ratio was 2.7 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.