TIEFENBACHER NORDICS APS — Credit Rating and Financial Key Figures

TIEFENBACHER NORDICS APS (CVR number: 38056522) is a company from KØBENHAVN. The company reported a net sales of 1.3 mDKK in 2020, demonstrating a decline of -3.9 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 0 mDKK), while net earnings were 16.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.9 %, 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. TIEFENBACHER NORDICS APS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.