Elite Cars ApS — Credit Rating and Financial Key Figures

Elite Cars ApS (CVR number: 37087785) is a company from RINGSTED. The company recorded a gross profit of 173.9 kDKK in 2024. The operating profit was 5.9 kDKK, while net earnings were -8.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -5.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Elite Cars ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.