Cito Car Care ApS — Credit Rating and Financial Key Figures

Cito Car Care ApS (CVR number: 32470580) is a company from GREVE. The company recorded a gross profit of 48 kDKK in 2023. The operating profit was -74.7 kDKK, while net earnings were -48.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.5 %, which can be considered poor and Return on Equity (ROE) was -35.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Cito Car Care ApS's liquidity measured by quick ratio was 3.1 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.