TAAGAARDS BUSSER ApS — Credit Rating and Financial Key Figures

TAAGAARDS BUSSER ApS (CVR number: 32341160) is a company from NORDFYNS. The company recorded a gross profit of 351.2 kDKK in 2023. The operating profit was 119.3 kDKK, while net earnings were 20.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 23.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TAAGAARDS BUSSER ApS's liquidity measured by quick ratio was 1.1 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.