Taxavognmand Mahmoud Mahmoud ApS — Credit Rating and Financial Key Figures

Taxavognmand Mahmoud Mahmoud ApS (CVR number: 40605738) is a company from HERNING. The company recorded a gross profit of 677.2 kDKK in 2020. The operating profit was -64.8 kDKK, while net earnings were -57.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.8 %, which can be considered poor and Return on Equity (ROE) was -37.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Taxavognmand Mahmoud Mahmoud ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.