SVEN TOUGAARD ApS — Credit Rating and Financial Key Figures

SVEN TOUGAARD ApS (CVR number: 18073730) is a company from ODENSE. The company recorded a gross profit of 93.1 kDKK in 2023, demonstrating a decline of -28.3 % compared to the previous year. The operating profit was 93.1 kDKK, while net earnings were 158.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.3 %, which can be considered excellent and Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. SVEN TOUGAARD ApS's liquidity measured by quick ratio was 4.8 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.