Tig ApS — Credit Rating and Financial Key Figures

Tig ApS (CVR number: 42314102) is a company from FREDERIKSHAVN. The company recorded a gross profit of 678.2 kDKK in 2023, demonstrating a growth of 39.3 % compared to the previous year. The operating profit was -21.8 kDKK, while net earnings were -22 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.3 %, which can be considered poor and Return on Equity (ROE) was -34.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tig ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.