Schou Absolute Cars A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Schou Absolute Cars A/S
Schou Absolute Cars A/S (CVR number: 37875643) is a company from KOLDING. The company recorded a gross profit of 915.3 kDKK in 2023. The operating profit was -18.7 kDKK, while net earnings were 43.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor but Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -5.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Schou Absolute Cars A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 431.94 | 932.57 | 1 573.37 | 824.66 | 915.26 |
EBIT | -1 245.03 | 79.74 | 720.88 | 108.42 | -18.70 |
Net earnings | -1 744.77 | 209.14 | 709.79 | 130.54 | 43.77 |
Shareholders equity total | 4 321.48 | 4 530.62 | 5 240.41 | 5 370.95 | - 253.44 |
Balance sheet total (assets) | 7 437.24 | 6 934.23 | 7 800.11 | 7 614.78 | 4 104.72 |
Net debt | - 343.79 | - 196.37 | -1 753.69 | - 479.18 | 2 537.04 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.3 % | 2.3 % | 10.4 % | 1.9 % | -0.3 % |
ROE | -29.8 % | 4.7 % | 14.5 % | 2.5 % | 0.9 % |
ROI | -19.4 % | 3.6 % | 15.3 % | 2.6 % | -0.4 % |
Economic value added (EVA) | -1 589.26 | - 142.13 | 503.08 | -62.72 | - 247.95 |
Solvency | |||||
Equity ratio | 58.1 % | 65.7 % | 67.2 % | 70.5 % | -5.8 % |
Gearing | 0.5 % | 1.5 % | 4.1 % | -1341.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 3.1 | 1.9 | 3.2 | 0.5 |
Current ratio | 2.4 | 3.1 | 3.0 | 3.3 | 0.9 |
Cash and cash equivalents | 366.35 | 196.37 | 1 834.64 | 700.87 | 862.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BB |
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