TBL-Cargo ApS — Credit Rating and Financial Key Figures

TBL-Cargo ApS (CVR number: 42372323) is a company from GREVE. The company recorded a gross profit of 7773.6 kDKK in 2023. The operating profit was 621.7 kDKK, while net earnings were 260.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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. TBL-Cargo ApS'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.