Cars & More ApS — Credit Rating and Financial Key Figures

CVR number: 38513370
Kværkebyvej 79, Kværkeby 4100 Ringsted
jadrancapital@gmail.com
tel: 53536868
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Company information

Official name
Cars & More ApS
Personnel
1 person
Established
2017
Domicile
Kværkeby
Company form
Private limited company
Industry

About Cars & More ApS

Cars & More ApS (CVR number: 38513370) is a company from RINGSTED. The company recorded a gross profit of 542.6 kDKK in 2024. The operating profit was 77 kDKK, while net earnings were 57.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 56.1 %, 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. Cars & More ApS's liquidity measured by quick ratio was 2.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 304.01265.56384.82519.94542.59
EBIT245.00169.06352.2588.1176.95
Net earnings164.61116.59275.0557.2657.15
Shareholders equity total237.99354.58572.43630.92688.06
Balance sheet total (assets)1 077.94781.261 252.201 368.971 227.13
Net debt- 384.53- 169.01-48.52-44.89-10.40
Profitability
EBIT-%
ROA29.6 %18.2 %34.6 %6.7 %5.9 %
ROE90.1 %39.4 %59.3 %9.5 %8.7 %
ROI125.6 %56.0 %73.4 %13.7 %11.5 %
Economic value added (EVA)176.62115.54256.8630.5226.37
Solvency
Equity ratio22.1 %42.5 %45.7 %46.1 %56.1 %
Gearing16.6 %7.4 %10.6 %3.5 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.82.32.22.4
Current ratio1.21.82.32.22.4
Cash and cash equivalents423.95195.11109.2367.1810.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:5.93%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.1%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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