NOTTELMANNS AUTOHANDEL ApS — Credit Rating and Financial Key Figures

NOTTELMANNS AUTOHANDEL ApS (CVR number: 33224613) is a company from HADERSLEV. The company recorded a gross profit of 13.8 mDKK in 2023. The operating profit was 1603.2 kDKK, while net earnings were 1030.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.6 %, 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. NOTTELMANNS AUTOHANDEL 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.