TEQ Recycling ApS — Credit Rating and Financial Key Figures

TEQ Recycling ApS (CVR number: 34723885) is a company from NÆSTVED. The company recorded a gross profit of 518.5 kDKK in 2023. The operating profit was 503.6 kDKK, while net earnings were 390.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 105.4 %, which can be considered excellent and Return on Equity (ROE) was 109.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. TEQ Recycling ApS's liquidity measured by quick ratio was 4.3 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.