CARS4U ApS — Credit Rating and Financial Key Figures

CVR number: 29978328
Skovalleen 35, 2880 Bagsværd
salg@cars4u.dk
tel: 44989911

Credit rating

Company information

Official name
CARS4U ApS
Established
2006
Company form
Private limited company
Industry

About CARS4U ApS

CARS4U ApS (CVR number: 29978328) is a company from GLADSAXE. The company recorded a gross profit of -6.2 kDKK in 2024. The operating profit was -6.2 kDKK, while net earnings were 35.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22.1 %, 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. CARS4U ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-2.50-1.33-3.76-5.49-6.19
EBIT-2.50-1.33-3.76-5.49-6.19
Net earnings9.0431.98106.6419.9035.62
Shareholders equity total598.96575.33681.97701.87737.48
Balance sheet total (assets)3 319.695 512.383 151.833 277.993 331.50
Net debt2 643.074 906.582 442.862 562.232 577.97
Profitability
EBIT-%
ROA2.9 %2.3 %4.9 %5.1 %3.0 %
ROE2.2 %5.4 %17.0 %2.9 %4.9 %
ROI2.9 %2.3 %4.9 %5.1 %3.0 %
Economic value added (EVA)- 139.60- 166.72- 278.51- 160.92- 168.44
Solvency
Equity ratio18.0 %10.4 %21.6 %21.4 %22.1 %
Gearing449.5 %853.2 %358.2 %365.1 %350.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.90.80.80.8
Current ratio0.91.00.90.90.9
Cash and cash equivalents49.332.150.554.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.01%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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