Car Concept ApS — Credit Rating and Financial Key Figures

CVR number: 38230913
Gungevej 15, 2650 Hvidovre

Credit rating

Company information

Official name
Car Concept ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About Car Concept ApS

Car Concept ApS (CVR number: 38230913) is a company from HVIDOVRE. The company recorded a gross profit of -41.5 kDKK in 2023. The operating profit was -41.5 kDKK, while net earnings were -32.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Car Concept ApS's liquidity measured by quick ratio was 8.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 228.66- 376.56- 128.14-11.24-41.52
EBIT786.00- 360.00- 142.00-2 676.24-41.52
Net earnings512.00- 338.00- 165.00-2 000.71-32.33
Shareholders equity total3 072.002 734.002 569.00568.10535.77
Balance sheet total (assets)6 374.004 743.003 843.001 799.77605.45
Net debt526.601 153.071 137.561 203.4067.42
Profitability
EBIT-%
ROA11.9 %-6.3 %-3.1 %-90.9 %-1.9 %
ROE18.2 %-11.6 %-6.2 %-127.6 %-5.9 %
ROI20.1 %-8.6 %-3.4 %-91.6 %-1.9 %
Economic value added (EVA)499.25- 404.31- 246.58-2 211.82-59.51
Solvency
Equity ratio66.1 %82.6 %98.9 %100.0 %88.5 %
Gearing37.1 %43.3 %47.9 %216.8 %13.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.55.789.38.7
Current ratio2.95.789.38.7
Cash and cash equivalents612.6231.2394.1228.272.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-1.89%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.5%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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