Danske biler ApS — Credit Rating and Financial Key Figures

Danske biler ApS (CVR number: 37329711) is a company from ROSKILDE. The company recorded a gross profit of 1283.7 kDKK in 2018. The operating profit was 65.9 kDKK, while net earnings were -9.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, 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 -9.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Danske biler ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.