TF-Cars ApS — Credit Rating and Financial Key Figures

TF-Cars ApS (CVR number: 37915289) is a company from KOLDING. The company recorded a gross profit of 470.9 kDKK in 2019. The operating profit was 470.9 kDKK, while net earnings were 256.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TF-Cars ApS's liquidity measured by quick ratio was 126.2 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.