TES HOLDING ApS — Credit Rating and Financial Key Figures

TES HOLDING ApS (CVR number: 29390940) is a company from AABENRAA. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -47.5 % compared to the previous year. The operating profit percentage was at 98 % (EBIT: 0.5 mDKK), while net earnings were 618.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TES HOLDING ApS's liquidity measured by quick ratio was 112.9 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.