TACONIC BIOSCIENCES A/S — Credit Rating and Financial Key Figures

TACONIC BIOSCIENCES A/S (CVR number: 10504570) is a company from KØGE. The company reported a net sales of 219.6 mDKK in 2023, demonstrating a growth of 2.7 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 3.8 mDKK), while net earnings were 466.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -2.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TACONIC BIOSCIENCES A/S's liquidity measured by quick ratio was 0.4 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.