TAXFREETRADE ApS

TAXFREETRADE ApS (CVR number: 35868208) is a company from AALBORG. The company recorded a gross profit of -103.8 kDKK in 2023. The operating profit was -103.8 kDKK, while net earnings were -108 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.7 %, which can be considered poor and Return on Equity (ROE) was -139.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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. TAXFREETRADE ApS's liquidity measured by quick ratio was 1.9 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.