Tillebæk Transport ApS — Credit Rating and Financial Key Figures

Tillebæk Transport ApS (CVR number: 43932101) is a company from FREDERIKSHAVN. The company recorded a gross profit of 1347.8 kDKK in 2023. The operating profit was 255.5 kDKK, while net earnings were 193.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.1 %, which can be considered excellent and Return on Equity (ROE) was 82.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.6 %, 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. Tillebæk Transport ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.