Tages Elservice ApS

Tages Elservice ApS (CVR number: 37222887) is a company from HERNING. The company recorded a gross profit of 4181.9 kDKK in 2016. The operating profit was 167.9 kDKK, while net earnings were 76.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 60.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Tages Elservice 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.