Tungt ApS — Credit Rating and Financial Key Figures

Tungt ApS (CVR number: 34079870) is a company from HØRSHOLM. The company recorded a gross profit of 122.9 kDKK in 2023. The operating profit was 29.3 kDKK, while net earnings were 9.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent but Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.3 %, 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. Tungt ApS's liquidity measured by quick ratio was 2.9 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.