BIRGIT BAGGESEN TÅRS ApS — Credit Rating and Financial Key Figures

BIRGIT BAGGESEN TÅRS ApS (CVR number: 30522605) is a company from HJØRRING. The company recorded a gross profit of -22 kDKK in 2023. The operating profit was -172.8 kDKK, while net earnings were 405.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. BIRGIT BAGGESEN TÅRS ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.