TS TECH HOLDING ApS — Credit Rating and Financial Key Figures

TS TECH HOLDING ApS (CVR number: 32311253) is a company from ESBJERG. The company recorded a gross profit of 1258.9 kDKK in 2023. The operating profit was 331.8 kDKK, while net earnings were 1680 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.4 %, 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. TS TECH HOLDING ApS's liquidity measured by quick ratio was 8.2 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.