DANISH CAR PERFORMANCE ApS — Credit Rating and Financial Key Figures

DANISH CAR PERFORMANCE ApS (CVR number: 32290124) is a company from VEJEN. The company recorded a gross profit of 2152.5 kDKK in 2022. The operating profit was -171.7 kDKK, while net earnings were -155.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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. DANISH CAR PERFORMANCE ApS's liquidity measured by quick ratio was 0.9 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.