T H PLOVTEC ApS — Credit Rating and Financial Key Figures

T H PLOVTEC ApS (CVR number: 32068537) is a company from SVENDBORG. The company recorded a gross profit of 1389.4 kDKK in 2023. The operating profit was 739.3 kDKK, while net earnings were 556.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.7 %, which can be considered excellent and Return on Equity (ROE) was 39.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.6 %, 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. T H PLOVTEC ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.