Selected Car Group A/S — Credit Rating and Financial Key Figures

Selected Car Group A/S (CVR number: 41723750K) is a company from MIDDELFART. The company reported a net sales of 2736.7 mDKK in 2023, demonstrating a growth of 5.2 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 101.5 mDKK), while net earnings were 2771 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 12 %, 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. Selected Car Group A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.