Tungsten Automation Danmark A/S — Credit Rating and Financial Key Figures

Tungsten Automation Danmark A/S (CVR number: 19234509) is a company from HERLEV. The company recorded a gross profit of 2814.2 kDKK in 2023. The operating profit was 1391.6 kDKK, while net earnings were 1868.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52 %, 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. Tungsten Automation Danmark A/S's liquidity measured by quick ratio was 2.1 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.