TID Flextrafik ApS — Credit Rating and Financial Key Figures

TID Flextrafik ApS (CVR number: 43522779) is a company from Brønderslev. The company recorded a gross profit of 2900.9 kDKK in 2023. The operating profit was 1014 kDKK, while net earnings were 728.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.3 %, which can be considered excellent and Return on Equity (ROE) was 69.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.3 %, 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. TID Flextrafik ApS's liquidity measured by quick ratio was 1.5 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.