CARSOE ApS — Credit Rating and Financial Key Figures

CARSOE ApS (CVR number: 14263942K) is a company from AALBORG. The company reported a net sales of 353.7 mDKK in 2017, demonstrating a growth of 51.2 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 29.3 mDKK), while net earnings were 21.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 62.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.1 %, 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. CARSOE ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.