TUMBAS ApS — Credit Rating and Financial Key Figures

TUMBAS ApS (CVR number: 33267460) is a company from HALSNÆS. The company recorded a gross profit of 26.3 kDKK in 2018. The operating profit was 26.3 kDKK, while net earnings were -18.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.1 %, which can be considered excellent but Return on Equity (ROE) was -33.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. TUMBAS ApS's liquidity measured by quick ratio was 2.3 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.