Car-Force ApS — Credit Rating and Financial Key Figures

CVR number: 40322078
Ved Klædebo 14, 2970 Hørsholm
info@carforce.dk
www.carforce.dk

Company information

Official name
Car-Force ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Car-Force ApS

Car-Force ApS (CVR number: 40322078) is a company from HØRSHOLM. The company recorded a gross profit of 1787.6 kDKK in 2023. The operating profit was 808.5 kDKK, while net earnings were 591.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.4 %, which can be considered excellent and Return on Equity (ROE) was 77.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Car-Force ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit67.47422.7772.30865.931 787.64
EBIT14.51130.62- 153.93550.80808.45
Net earnings8.0795.59- 128.26442.93591.41
Shareholders equity total58.07153.6525.39468.331 059.73
Balance sheet total (assets)386.85516.77234.91970.902 510.82
Net debt- 146.15-19.06-12.85-68.49292.25
Profitability
EBIT-%
ROA3.8 %29.0 %-41.0 %91.4 %46.4 %
ROE13.9 %90.3 %-143.3 %179.4 %77.4 %
ROI9.8 %79.3 %-148.9 %217.4 %88.2 %
Economic value added (EVA)10.91109.58- 129.33451.12606.64
Solvency
Equity ratio17.1 %29.7 %10.8 %48.2 %42.2 %
Gearing99.0 %2.6 %27.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.30.40.60.8
Current ratio0.90.40.70.91.2
Cash and cash equivalents203.6219.0612.8580.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:46.4%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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