TULUGAQ ApS — Credit Rating and Financial Key Figures

TULUGAQ ApS (CVR number: 17615831) is a company from QEQERTALIK. The company recorded a gross profit of 21.1 kDKK in 2020. The operating profit was 135.5 kDKK, while net earnings were 5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TULUGAQ ApS's liquidity measured by quick ratio was 1.7 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.