Recar ApS — Credit Rating and Financial Key Figures

Recar ApS (CVR number: 41311266) is a company from HJØRRING. The company recorded a gross profit of -262.8 kDKK in 2023. The operating profit was -268.1 kDKK, while net earnings were -207 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34 %, which can be considered poor and Return on Equity (ROE) was -109.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.2 %, 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. Recar ApS's liquidity measured by quick ratio was 1.3 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.