TAG JØRGENSEN ApS — Credit Rating and Financial Key Figures

TAG JØRGENSEN ApS (CVR number: 35636749) is a company from HJØRRING. The company recorded a gross profit of 1372.7 kDKK in 2023, demonstrating a decline of -16.1 % compared to the previous year. The operating profit was -293.4 kDKK, while net earnings were -297.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.7 %, which can be considered poor and Return on Equity (ROE) was -60.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TAG JØRGENSEN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.