Cars2rent ApS — Credit Rating and Financial Key Figures

Cars2rent ApS (CVR number: 40925872) is a company from FREDERIKSSUND. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a decline of -11.4 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 0 mDKK), while net earnings were 41.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Cars2rent ApS's liquidity measured by quick ratio was 5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.