TOVBJERG ApS — Credit Rating and Financial Key Figures

TOVBJERG ApS (CVR number: 26472482) is a company from SAMSØ. The company recorded a gross profit of 185.4 kDKK in 2019. The operating profit was 185.4 kDKK, while net earnings were 117.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 42.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TOVBJERG ApS's liquidity measured by quick ratio was 13.2 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.