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 1642.9 kDKK in 2024. The operating profit was 375.2 kDKK, while net earnings were 292.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.5 %, which can be considered excellent and Return on Equity (ROE) was 75.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.8 %, 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 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.