TINGHØJ SMEDE- OG MASKINFORRETNING A/S — Credit Rating and Financial Key Figures

TINGHØJ SMEDE- OG MASKINFORRETNING A/S (CVR number: 31671965) is a company from VARDE. The company recorded a gross profit of 2080.5 kDKK in 2017. The operating profit was -192.2 kDKK, while net earnings were -153.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -8.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. TINGHØJ SMEDE- OG MASKINFORRETNING A/S'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.