Engstrøm Auto ApS — Credit Rating and Financial Key Figures

Engstrøm Auto ApS (CVR number: 35032592) is a company from RØDOVRE. The company recorded a gross profit of 1316.3 kDKK in 2023. The operating profit was 277.9 kDKK, while net earnings were 447.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 101.7 %, which can be considered excellent and Return on Equity (ROE) was 266.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9 %, 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. Engstrøm Auto ApS'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.