T.B Development ApS — Credit Rating and Financial Key Figures

T.B Development ApS (CVR number: 41824336) is a company from HELSINGØR. The company recorded a gross profit of 44.1 kDKK in 2022. The operating profit was -19.2 kDKK, while net earnings were -19.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.2 %, 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. T.B Development ApS's liquidity measured by quick ratio was 4.2 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.