Taxikørsel 116 ApS — Credit Rating and Financial Key Figures

Taxikørsel 116 ApS (CVR number: 43005626) is a company from VALLENSBÆK. The company recorded a gross profit of 270.9 kDKK in 2023. The operating profit was 19.3 kDKK, while net earnings were 14.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.5 %, 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. Taxikørsel 116 ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.