TideDisc Biotech ApS — Credit Rating and Financial Key Figures

TideDisc Biotech ApS (CVR number: 41819340) is a company from KØBENHAVN. The company recorded a gross profit of 55 kDKK in 2022. The operating profit was 50.1 kDKK, while net earnings were 45.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.8 %, which can be considered excellent and Return on Equity (ROE) was 85.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.6 %, 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. TideDisc Biotech ApS's liquidity measured by quick ratio was 2.7 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.