TGD Elevators ApS — Credit Rating and Financial Key Figures

TGD Elevators ApS (CVR number: 43040693) is a company from KØBENHAVN. The company recorded a gross profit of 4010 kDKK in 2024. The operating profit was 300.9 kDKK, while net earnings were 203.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 21.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TGD Elevators ApS's liquidity measured by quick ratio was 1.4 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.