TAX AND FREE ApS — Credit Rating and Financial Key Figures

CVR number: 35670653
Tjørnevej 14, 9000 Aalborg

Company information

Official name
TAX AND FREE ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About TAX AND FREE ApS

TAX AND FREE ApS (CVR number: 35670653) is a company from AALBORG. The company recorded a gross profit of 2435.9 kDKK in 2022. The operating profit was 462.1 kDKK, while net earnings were 305.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TAX AND FREE ApS's liquidity measured by quick ratio was 13.7 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit4 265.003 947.003 240.001 937.002 435.89
EBIT2 714.00-2 358.001 176.00- 360.00462.15
Net earnings1 909.00-2 256.00678.00- 399.00305.23
Shareholders equity total2 850.00594.001 216.00817.001 122.78
Balance sheet total (assets)18 704.0022 529.0011 440.008 430.001 348.25
Net debt8 846.0011 088.004 878.005 210.00- 842.84
Profitability
EBIT-%
ROA14.4 %-11.4 %6.8 %-3.4 %9.5 %
ROE87.0 %-131.0 %74.9 %-39.3 %31.5 %
ROI35.5 %-20.0 %12.8 %-5.5 %12.4 %
Economic value added (EVA)2 041.80-2 015.20869.65- 343.56318.15
Solvency
Equity ratio15.2 %2.6 %10.6 %9.7 %83.3 %
Gearing313.4 %1872.1 %401.6 %640.6 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.60.61.113.7
Current ratio1.01.01.11.113.7
Cash and cash equivalents85.0032.006.0024.00842.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBB

Variable visualization

ROA:9.45%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.3%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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