Tectum Byg ApS — Credit Rating and Financial Key Figures

Tectum Byg ApS (CVR number: 40685170) is a company from VARDE. The company recorded a gross profit of 1061.7 kDKK in 2021. The operating profit was -204.6 kDKK, while net earnings were -228.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.1 %, which can be considered poor and Return on Equity (ROE) was -21.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tectum Byg ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.