Digital Nordic Car Group ApS

Digital Nordic Car Group ApS (CVR number: 41462582) is a company from SILKEBORG. The company recorded a gross profit of 574.6 kDKK in 2022. The operating profit was 355.6 kDKK, while net earnings were 269.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 114.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Digital Nordic Car Group ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.