Tummelbakken ApS — Credit Rating and Financial Key Figures

Tummelbakken ApS (CVR number: 41502649) is a company from HJØRRING. The company recorded a gross profit of 323.8 kDKK in 2023. The operating profit was -416.7 kDKK, while net earnings were 946 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.1 %, 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. Tummelbakken ApS's liquidity measured by quick ratio was 33.1 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.