TG Transport Danmark ApS — Credit Rating and Financial Key Figures

TG Transport Danmark ApS (CVR number: 42035068) is a company from KOLDING. The company recorded a gross profit of 10.5 mDKK in 2023. The operating profit was 2213.7 kDKK, while net earnings were 1701.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.4 %, which can be considered excellent and Return on Equity (ROE) was 105.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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. TG Transport Danmark ApS's liquidity measured by quick ratio was 1.4 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.