VOLVO CAR DENMARK A/S

VOLVO CAR DENMARK A/S (CVR number: 14540733) is a company from GLADSAXE. The company reported a net sales of 1936.9 mDKK in 2023, demonstrating a growth of 1.3 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 12.9 mDKK), while net earnings were 9959 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 33.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. VOLVO CAR DENMARK A/S's liquidity measured by quick ratio was 8.9 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.