Cph Carwash IVS — Credit Rating and Financial Key Figures

Cph Carwash IVS (CVR number: 39061139) is a company from KØBENHAVN. The company recorded a gross profit of 128.6 kDKK in 2018. The operating profit was 30.4 kDKK, while net earnings were 23 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 82.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Cph Carwash IVS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.