City - den glade køreskole ApS — Credit Rating and Financial Key Figures

City - den glade køreskole ApS (CVR number: 36554975) is a company from SØNDERBORG. The company recorded a gross profit of 0 kDKK in 2023, demonstrating a decline of -100 % compared to the previous year. The operating profit was 223.5 kDKK, while net earnings were 225.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32 %, which can be considered excellent and Return on Equity (ROE) was 74.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. City - den glade køreskole ApS's liquidity measured by quick ratio was 1.6 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.