Carmark ApS — Credit Rating and Financial Key Figures

CVR number: 36974249
Storhaven 3, 7100 Vejle

Credit rating

Company information

Official name
Carmark ApS
Personnel
9 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About Carmark ApS

Carmark ApS (CVR number: 36974249) is a company from VEJLE. The company recorded a gross profit of 6175.6 kDKK in 2023. The operating profit was 2417.8 kDKK, while net earnings were 1308.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Carmark ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 175.145 368.7012 307.418 556.656 175.56
EBIT2 429.502 054.427 821.633 396.222 417.84
Net earnings1 713.701 342.935 705.242 006.841 308.44
Shareholders equity total4 359.795 702.7211 804.9013 197.3513 905.78
Balance sheet total (assets)17 376.7218 742.9740 194.4544 128.8734 845.72
Net debt8 905.705 893.1412 817.9826 693.2516 956.82
Profitability
EBIT-%
ROA16.5 %11.6 %26.5 %8.3 %7.1 %
ROE48.9 %26.7 %65.2 %16.1 %9.7 %
ROI20.9 %16.8 %43.0 %10.7 %7.7 %
Economic value added (EVA)1 760.551 243.915 808.502 063.571 231.72
Solvency
Equity ratio25.1 %30.5 %29.4 %30.0 %41.2 %
Gearing204.6 %103.3 %109.5 %203.0 %130.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.30.20.20.5
Current ratio1.71.41.41.41.6
Cash and cash equivalents15.030.03104.34103.641 170.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.07%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.2%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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