Tindbaek Holding IVS — Credit Rating and Financial Key Figures

Tindbaek Holding IVS (CVR number: 37773646) is a company from HORSENS. The company recorded a gross profit of 0 kDKK in 2019. The operating profit was -0 kDKK, while net earnings were 26.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 105.9 %, which can be considered excellent and Return on Equity (ROE) was 105.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tindbaek Holding IVS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.