TIGAS ApS — Credit Rating and Financial Key Figures

TIGAS ApS (CVR number: 42370169) is a company from HERLEV. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 193.9 % compared to the previous year. The operating profit percentage was at 39.2 % (EBIT: 0.2 mDKK), while net earnings were 160.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 192.9 %, which can be considered excellent and Return on Equity (ROE) was 327.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TIGAS ApS's liquidity measured by quick ratio was 1.8 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.