Tage Kvist ApS — Credit Rating and Financial Key Figures

Tage Kvist ApS (CVR number: 31152321) is a company from AALBORG. The company recorded a gross profit of 126.9 kDKK in 2024. The operating profit was -122.4 kDKK, while net earnings were -128.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -22.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. Tage Kvist ApS's liquidity measured by quick ratio was 1.5 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.