TAXFREETRADE ApS — Credit Rating and Financial Key Figures

TAXFREETRADE ApS (CVR number: 35868208) is a company from AALBORG. The company recorded a gross profit of -20.2 kDKK in 2024. The operating profit was -20.2 kDKK, while net earnings were -27.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.6 %, which can be considered poor and Return on Equity (ROE) was -35.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TAXFREETRADE ApS's liquidity measured by quick ratio was 1.3 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.