MotorcycleGarage ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MotorcycleGarage ApS
MotorcycleGarage ApS (CVR number: 37199656) is a company from VEJLE. The company recorded a gross profit of -1842.6 kDKK in 2023. The operating profit was -2274.5 kDKK, while net earnings were -2281.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -89.5 %, which can be considered poor and Return on Equity (ROE) was -564.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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. MotorcycleGarage ApS's liquidity measured by quick ratio was 3.7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 198.62 | - 273.44 | -1 198.03 | -1 337.56 | -1 842.65 |
EBIT | - 984.37 | - 984.75 | -1 884.54 | -1 839.86 | -2 274.52 |
Net earnings | - 549.13 | - 778.46 | -1 441.27 | -1 921.73 | -2 281.58 |
Shareholders equity total | 436.58 | 1 158.13 | - 283.14 | 295.12 | 513.54 |
Balance sheet total (assets) | 2 300.47 | 2 352.12 | 2 125.85 | 4 186.39 | 737.60 |
Net debt | 1 342.73 | 1 082.28 | 2 234.97 | 3 740.54 | 73.55 |
Profitability | |||||
EBIT-% | |||||
ROA | -41.0 % | -42.3 % | -79.2 % | -55.8 % | -89.5 % |
ROE | -77.2 % | -97.6 % | -87.8 % | -158.8 % | -564.3 % |
ROI | -43.7 % | -44.4 % | -83.8 % | -58.2 % | -94.3 % |
Economic value added (EVA) | - 737.75 | - 759.28 | -1 486.00 | -1 860.31 | -2 250.16 |
Solvency | |||||
Equity ratio | 19.0 % | 49.2 % | -11.8 % | 7.0 % | 69.6 % |
Gearing | 403.0 % | 93.5 % | -789.3 % | 1267.5 % | 14.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.7 | 0.3 | 0.8 | 3.7 |
Current ratio | 1.2 | 2.0 | 0.9 | 1.1 | 3.7 |
Cash and cash equivalents | 416.78 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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