WheelsOn ApS — Credit Rating and Financial Key Figures

WheelsOn ApS (CVR number: 37083569) is a company from GLADSAXE. The company recorded a gross profit of 940.9 kDKK in 2023. The operating profit was -140.7 kDKK, while net earnings were -98.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.6 %, which can be considered poor and Return on Equity (ROE) was -34 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. WheelsOn ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.