High On Cars ApS — Credit Rating and Financial Key Figures

High On Cars ApS (CVR number: 40378103) is a company from AARHUS. The company recorded a gross profit of 2342.4 kDKK in 2024. The operating profit was 117.8 kDKK, while net earnings were 109.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -15.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. High On Cars ApS'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.