TAPFREELANCE ApS — Credit Rating and Financial Key Figures

TAPFREELANCE ApS (CVR number: 35512748) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -6.3 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 0 mDKK), while net earnings were 6.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TAPFREELANCE ApS's liquidity measured by quick ratio was 2.1 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.