TVED BRUGSFORENING — Credit Rating and Financial Key Figures

TVED BRUGSFORENING (CVR number: 60739013) is a company from SYDDJURS. The company reported a net sales of 32.8 mDKK in 2023, demonstrating a decline of -6.3 % compared to the previous year. The operating profit percentage was poor at -1.2 % (EBIT: -0.4 mDKK), while net earnings were -72.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.7 %, 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. TVED BRUGSFORENING's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.