TP Development ApS — Credit Rating and Financial Key Figures

TP Development ApS (CVR number: 40198903) is a company from GENTOFTE. The company recorded a gross profit of 2113.1 kDKK in 2023. The operating profit was 1784.7 kDKK, while net earnings were 1339.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.1 %, which can be considered excellent and Return on Equity (ROE) was 48.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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. TP Development ApS's liquidity measured by quick ratio was 1.7 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.