Autoeck ApS — Credit Rating and Financial Key Figures

Autoeck ApS (CVR number: 40547088) is a company from AABENRAA. The company reported a net sales of 0.5 mDKK in 2019. The operating profit percentage was at 2.8 % (EBIT: 0 mDKK), while net earnings were 10.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Autoeck ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.