Euro Auto Trading ApS — Credit Rating and Financial Key Figures

Euro Auto Trading ApS (CVR number: 31491053) is a company from MORSØ. The company recorded a gross profit of -591.7 kDKK in 2023. The operating profit was -2012.3 kDKK, while net earnings were -2333 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -73.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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. Euro Auto Trading ApS's liquidity measured by quick ratio was 1.2 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.