TS Cars ApS — Credit Rating and Financial Key Figures

TS Cars ApS (CVR number: 44117444) is a company from KOLDING. The company reported a net sales of 0.1 mDKK in 2023. The operating profit percentage was poor at -9.9 % (EBIT: -0 mDKK), while net earnings were -14.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.5 %, which can be considered poor and Return on Equity (ROE) was -55.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.8 %, 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. TS Cars ApS's liquidity measured by quick ratio was 2.7 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.