TIDE BUS DANMARK A/S — Credit Rating and Financial Key Figures

TIDE BUS DANMARK A/S (CVR number: 31347963) is a company from ODENSE. The company reported a net sales of 850.4 mDKK in 2024, demonstrating a decline of -2.1 % compared to the previous year. The operating profit percentage was at 3.2 % (EBIT: 27.2 mDKK), while net earnings were -6034 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.8 %, 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. TIDE BUS DANMARK A/S'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.