TNCWORLD HOLDING ApS — Credit Rating and Financial Key Figures

TNCWORLD HOLDING ApS (CVR number: 28152191) is a company from HORSENS. The company recorded a gross profit of -3.5 kDKK in 2022. The operating profit was -3.5 kDKK, while net earnings were 8.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 45.2 %, 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. TNCWORLD HOLDING ApS's liquidity measured by quick ratio was 1.8 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.