Car Trader ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Car Trader ApS
Car Trader ApS (CVR number: 36729198) is a company from AARHUS. The company recorded a gross profit of 202.3 kDKK in 2024. The operating profit was 22.7 kDKK, while net earnings were -220.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent but Return on Equity (ROE) was -21.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Car Trader 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 727.44 | 678.45 | 818.38 | 743.15 | 202.34 |
| EBIT | 39.36 | 67.04 | 98.45 | 38.26 | 22.69 |
| Net earnings | 206.55 | 29.45 | 73.39 | 1.66 | - 220.91 |
| Shareholders equity total | 472.21 | 501.67 | 375.12 | 1 036.70 | 994.54 |
| Balance sheet total (assets) | 743.65 | 771.53 | 675.82 | 1 418.77 | 1 522.07 |
| Net debt | - 148.85 | - 183.81 | 128.80 | 164.26 | 327.93 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 36.5 % | 6.0 % | 28.2 % | 3.1 % | 16.4 % |
| ROE | 56.0 % | 6.0 % | 16.7 % | 0.2 % | -21.8 % |
| ROI | 59.5 % | 9.2 % | 23.3 % | 3.8 % | -16.8 % |
| Economic value added (EVA) | 41.22 | 74.78 | 80.67 | 37.62 | 74.22 |
| Solvency | |||||
| Equity ratio | 63.5 % | 65.0 % | 55.5 % | 73.1 % | 65.3 % |
| Gearing | 2.0 % | 35.4 % | 16.2 % | 33.4 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.5 | 0.3 | 0.5 | 0.5 |
| Current ratio | 1.3 | 1.5 | 0.7 | 0.5 | 0.6 |
| Cash and cash equivalents | 148.85 | 193.81 | 4.10 | 4.10 | 4.10 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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