TPI Composites Denmark ApS — Credit Rating and Financial Key Figures

TPI Composites Denmark ApS (CVR number: 39492733) is a company from KOLDING. The company recorded a gross profit of 19.8 mDKK in 2023. The operating profit was 759.8 kDKK, while net earnings were 1121.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TPI Composites Denmark ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.