Taxi 118 ApS — Credit Rating and Financial Key Figures

Taxi 118 ApS (CVR number: 40054057) is a company from AALBORG. The company recorded a gross profit of 763.8 kDKK in 2022. The operating profit was 162.8 kDKK, while net earnings were 126.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.1 %, which can be considered excellent and Return on Equity (ROE) was 66.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Taxi 118 ApS's liquidity measured by quick ratio was 3.6 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.