Car Company 16 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Car Company 16 ApS
Car Company 16 ApS (CVR number: 40495819) is a company from AARHUS. The company reported a net sales of 0.9 mDKK in 2024, demonstrating a growth of 21.1 % compared to the previous year. The operating profit percentage was at 11.3 % (EBIT: 0.1 mDKK), while net earnings were 76 kDKK. The profitability of the company measured by Return on Assets (ROA) was 88.5 %, which can be considered excellent and Return on Equity (ROE) was 91.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.2 %, 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 Company 16 ApS's liquidity measured by quick ratio was 2.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 560.78 | 724.03 | 809.30 | 721.08 | 873.44 |
Gross profit | 438.27 | 542.36 | 421.75 | 443.83 | 616.23 |
EBIT | -68.79 | 22.43 | -45.48 | 16.42 | 98.74 |
Net earnings | -54.84 | 5.30 | -36.85 | 11.94 | 75.95 |
Shareholders equity total | 18.60 | 23.90 | -12.95 | -1.01 | 74.95 |
Balance sheet total (assets) | 103.78 | 132.98 | 143.86 | 90.91 | 131.14 |
Net debt | -73.12 | -73.09 | -97.74 | -40.19 | -58.35 |
Profitability | |||||
EBIT-% | -12.3 % | 3.1 % | -5.6 % | 2.3 % | 11.3 % |
ROA | -60.0 % | 18.9 % | -31.4 % | 13.2 % | 88.5 % |
ROE | -119.2 % | 24.9 % | -43.9 % | 10.2 % | 91.6 % |
ROI | -123.7 % | 83.5 % | -260.2 % | 306.2 % | 245.9 % |
Economic value added (EVA) | -58.20 | 14.71 | -37.11 | 12.99 | 76.56 |
Solvency | |||||
Equity ratio | 17.9 % | 18.0 % | -8.3 % | -1.1 % | 57.2 % |
Gearing | 29.8 % | 23.8 % | -41.4 % | -532.0 % | |
Relative net indebtedness % | 1.2 % | 4.2 % | 6.6 % | 6.4 % | -0.2 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 0.9 | 1.0 | 2.3 |
Current ratio | 1.2 | 1.2 | 0.9 | 1.0 | 2.3 |
Cash and cash equivalents | 78.66 | 78.78 | 103.11 | 45.55 | 58.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.4 | 4.3 | 8.1 | 14.3 | 17.4 |
Net working capital % | 3.3 % | 3.3 % | -1.6 % | -0.1 % | 8.6 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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