FORMAT TRANSPORT ApS — Credit Rating and Financial Key Figures

FORMAT TRANSPORT ApS (CVR number: 33574479) is a company from KOLDING. The company recorded a gross profit of 526.4 kDKK in 2023. The operating profit was 224.1 kDKK, while net earnings were 167.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 86 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FORMAT TRANSPORT ApS's liquidity measured by quick ratio was 8.2 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.