CAR TRADE DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 25160126
Malmparken 6, 2750 Ballerup
allan@cartd.dk

Credit rating

Company information

Official name
CAR TRADE DENMARK ApS
Established
2000
Company form
Private limited company
Industry

About CAR TRADE DENMARK ApS

CAR TRADE DENMARK ApS (CVR number: 25160126) is a company from BALLERUP. The company recorded a gross profit of -40 kDKK in 2023. The operating profit was -40 kDKK, while net earnings were -49.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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 TRADE DENMARK ApS's liquidity measured by quick ratio was 0 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit222.11-49.71-31.37-41.25-40.00
EBIT222.11-49.71-56.37-41.25-40.00
Net earnings4 663.347 918.984 422.613 509.50-49.55
Shareholders equity total7 317.9715 236.9419 659.5523 169.0523 119.51
Balance sheet total (assets)13 055.6121 251.3325 949.4429 564.1929 882.73
Net debt5 714.185 983.646 259.516 363.136 731.22
Profitability
EBIT-%
ROA45.6 %47.2 %19.5 %13.0 %0.8 %
ROE93.5 %70.2 %25.3 %16.4 %-0.2 %
ROI48.3 %47.3 %19.5 %13.0 %0.8 %
Economic value added (EVA)765.68896.231 311.461 569.061 759.60
Solvency
Equity ratio56.1 %71.7 %75.8 %78.4 %77.4 %
Gearing78.1 %39.3 %31.8 %27.5 %29.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents0.460.750.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:0.84%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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