Tielman Denmark ApS — Credit Rating and Financial Key Figures

Tielman Denmark ApS (CVR number: 87950913) is a company from BILLUND. The company recorded a gross profit of 426.7 kDKK in 2021. The operating profit was 424.1 kDKK, while net earnings were 434.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 49.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -98.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tielman Denmark ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.