TBC Holding Timring ApS — Credit Rating and Financial Key Figures

TBC Holding Timring ApS (CVR number: 38168959) is a company from HERNING. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -6.2 kDKK, while net earnings were 206.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TBC Holding Timring ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.