TRANSIT TRANSPORT & LOGISTIK ApS — Credit Rating and Financial Key Figures

TRANSIT TRANSPORT & LOGISTIK ApS (CVR number: 13622302) is a company from AABENRAA. The company recorded a gross profit of -28.3 kDKK in 2019. The operating profit was -28.3 kDKK, while net earnings were -32.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TRANSIT TRANSPORT & LOGISTIK ApS's liquidity measured by quick ratio was 2.9 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.