Selected Car Investment 2 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Selected Car Investment 2 A/S
Selected Car Investment 2 A/S (CVR number: 42481734) is a company from MIDDELFART. The company recorded a gross profit of -1086 kDKK in 2024. The operating profit was -1086 kDKK, while net earnings were -837 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Selected Car Investment 2 A/S's liquidity measured by quick ratio was 28.9 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 892.00 | -1 109.00 | -1 146.00 | -1 086.00 |
EBIT | - 892.00 | -1 109.00 | -1 146.00 | -1 086.00 |
Net earnings | - 758.00 | - 879.00 | - 890.00 | - 837.00 |
Shareholders equity total | 37 974.00 | 40 492.00 | 40 753.00 | 39 916.00 |
Balance sheet total (assets) | 38 240.00 | 40 496.00 | 40 768.00 | 39 931.00 |
Net debt | - 618.00 | - 303.00 | - 903.00 | - 197.00 |
Profitability | ||||
EBIT-% | ||||
ROA | -2.3 % | -2.8 % | -2.8 % | -2.7 % |
ROE | -2.0 % | -2.2 % | -2.2 % | -2.1 % |
ROI | -2.3 % | -2.8 % | -2.8 % | -2.7 % |
Economic value added (EVA) | - 695.61 | -2 786.52 | -2 928.62 | -2 894.19 |
Solvency | ||||
Equity ratio | 99.3 % | 100.0 % | 100.0 % | 100.0 % |
Gearing | 0.7 % | |||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 11.3 | 249.8 | 84.7 | 28.9 |
Current ratio | 143.8 | 10 124.0 | 2 717.9 | 2 662.1 |
Cash and cash equivalents | 884.00 | 303.00 | 903.00 | 197.00 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | B | BB | B |
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