Nordkystens Bilsalg ApS — Credit Rating and Financial Key Figures

Nordkystens Bilsalg ApS (CVR number: 42643440) is a company from FREDENSBORG. The company recorded a gross profit of 686.9 kDKK in 2022. The operating profit was 32.9 kDKK, while net earnings were 18.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 9.8 %, 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. Nordkystens Bilsalg 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.