T.C DEVELOP ApS — Credit Rating and Financial Key Figures

T.C DEVELOP ApS (CVR number: 33502915) is a company from FREDENSBORG. The company reported a net sales of 1.5 mDKK in 2016. The operating profit percentage was at 3.2 % (EBIT: 0 mDKK), while net earnings were -7.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T.C DEVELOP ApS's liquidity measured by quick ratio was 10.8 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.