Tougaard ApS — Credit Rating and Financial Key Figures

Tougaard ApS (CVR number: 37311642) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 580 kDKK in 2023. The operating profit was 313.8 kDKK, while net earnings were 248.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 33.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Tougaard ApS's liquidity measured by quick ratio was 1.9 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.