Bjarne Tovgaard ApS — Credit Rating and Financial Key Figures

Bjarne Tovgaard ApS (CVR number: 41238577) is a company from RANDERS. The company recorded a gross profit of -79.3 kDKK in 2024. The operating profit was -132.7 kDKK, while net earnings were 312 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.3 %, 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. Bjarne Tovgaard ApS's liquidity measured by quick ratio was 3.8 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.