Tinggaard Auto ApS

Tinggaard Auto ApS (CVR number: 38541072) is a company from ASSENS. The company recorded a gross profit of 820.3 kDKK in 2023. The operating profit was 56.9 kDKK, while net earnings were 21.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 37.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tinggaard Auto ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.