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DANISH CAR PERFORMANCE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANISH CAR PERFORMANCE ApS
DANISH CAR PERFORMANCE ApS (CVR number: 32290124) is a company from VEJEN. The company recorded a gross profit of 241.3 kDKK in 2024. The operating profit was -1243.8 kDKK, while net earnings were -1314.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.3 %, which can be considered poor and Return on Equity (ROE) was -20.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.1 %, 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 1.9 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 5 548.00 | 5 218.00 | 2 152.00 | 2 133.00 | 241.26 |
| EBIT | 2 775.00 | 2 584.00 | - 173.00 | 151.00 | -1 243.83 |
| Net earnings | 2 116.00 | 1 947.00 | - 156.00 | 75.00 | -1 314.76 |
| Shareholders equity total | 8 197.00 | 8 544.00 | 6 888.00 | 6 963.00 | 5 648.38 |
| Balance sheet total (assets) | 12 661.00 | 12 258.00 | 10 586.00 | 8 967.00 | 7 229.12 |
| Net debt | -1 186.00 | - 827.00 | 381.00 | -69.00 | - 365.61 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 20.1 % | 20.5 % | -1.5 % | 1.5 % | -15.3 % |
| ROE | 26.0 % | 23.3 % | -2.0 % | 1.1 % | -20.9 % |
| ROI | 29.4 % | 26.9 % | -1.9 % | 1.8 % | -17.3 % |
| Economic value added (EVA) | 1 691.89 | 1 536.36 | - 620.41 | - 315.03 | -1 697.42 |
| Solvency | |||||
| Equity ratio | 64.7 % | 69.7 % | 65.1 % | 77.7 % | 78.1 % |
| Gearing | 12.6 % | 11.0 % | 22.9 % | 11.0 % | 12.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 1.0 | 0.9 | 1.5 | 1.9 |
| Current ratio | 3.3 | 3.8 | 3.7 | 5.3 | 5.7 |
| Cash and cash equivalents | 2 221.00 | 1 770.00 | 1 195.00 | 835.00 | 1 042.01 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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