Tinglev Solar Park ApS — Credit Rating and Financial Key Figures

Tinglev Solar Park ApS (CVR number: 43468715) is a company from LEMVIG. The company recorded a gross profit of 11.9 mDKK in 2024. The operating profit was 8713.5 kDKK, while net earnings were 4118.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Tinglev Solar Park ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.