TYTEX A/S

TYTEX A/S (CVR number: 45075818K) is a company from IKAST-BRANDE. The company recorded a gross profit of 67.2 mDKK in 2023. The operating profit was 18.4 mDKK, while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 23.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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. TYTEX A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.