Classic Car House A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Classic Car House A/S
Classic Car House A/S (CVR number: 41218290) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -39032.7 kDKK in 2024. The operating profit was -56.4 mDKK, while net earnings were -39.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8.2 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Classic Car House A/S's liquidity measured by quick ratio was 3.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -90.48 | - 727.40 | -6 643.79 | -27 041.13 | -39 032.71 |
| EBIT | -4 285.72 | -8 022.48 | -17 464.19 | -44 459.09 | -56 440.64 |
| Net earnings | -3 591.83 | -7 110.93 | -14 775.05 | -28 489.01 | -39 874.40 |
| Shareholders equity total | 188 408.17 | 406 297.24 | 601 522.19 | 628 033.18 | 613 858.78 |
| Balance sheet total (assets) | 192 759.25 | 406 830.62 | 602 936.68 | 634 963.43 | 623 356.79 |
| Net debt | - 136 128.24 | - 287 028.72 | -65 223.17 | -8 462.45 | -5 914.72 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.2 % | -2.7 % | -3.6 % | -6.0 % | -8.2 % |
| ROE | -1.9 % | -2.4 % | -2.9 % | -4.6 % | -6.4 % |
| ROI | -2.3 % | -2.7 % | -3.6 % | -6.1 % | -8.2 % |
| Economic value added (EVA) | -3 351.65 | -15 740.83 | -34 046.18 | -64 912.62 | -75 577.85 |
| Solvency | |||||
| Equity ratio | 97.7 % | 99.9 % | 99.8 % | 98.9 % | 98.5 % |
| Gearing | 0.5 % | 0.8 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 32.7 | 610.9 | 52.4 | 7.6 | 3.6 |
| Current ratio | 32.7 | 611.5 | 55.1 | 9.1 | 4.7 |
| Cash and cash equivalents | 136 128.24 | 287 028.72 | 65 223.17 | 11 450.50 | 10 596.62 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | BBB | BBB |
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