CARS4U ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 9.04 | 31.98 | 106.64 | 19.90 | 35.62 |
Shareholders equity total | 598.96 | 575.33 | 681.97 | 701.87 | 737.48 |
Balance sheet total (assets) | 3 319.69 | 5 512.38 | 3 151.83 | 3 277.99 | 3 331.50 |
Net debt | 2 643.07 | 4 906.58 | 2 442.86 | 2 562.23 | 2 577.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.9 % | 2.3 % | 4.9 % | 5.1 % | 3.0 % |
ROE | 2.2 % | 5.4 % | 17.0 % | 2.9 % | 4.9 % |
ROI | 2.9 % | 2.3 % | 4.9 % | 5.1 % | 3.0 % |
Economic value added (EVA) | - 139.60 | - 166.72 | - 278.51 | - 160.92 | - 168.44 |
Solvency | |||||
Equity ratio | 18.0 % | 10.4 % | 21.6 % | 21.4 % | 22.1 % |
Gearing | 449.5 % | 853.2 % | 358.2 % | 365.1 % | 350.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.9 | 0.8 | 0.8 | 0.8 |
Current ratio | 0.9 | 1.0 | 0.9 | 0.9 | 0.9 |
Cash and cash equivalents | 49.33 | 2.15 | 0.55 | 4.05 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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