TradeRoutes ApS — Credit Rating and Financial Key Figures

TradeRoutes ApS (CVR number: 43282034) is a company from SKANDERBORG. The company recorded a gross profit of -408.4 kDKK in 2023. The operating profit was -410.6 kDKK, while net earnings were -329.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -68.5 %, which can be considered poor and Return on Equity (ROE) was -174.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TradeRoutes ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.