BRITISH CAR IMPORT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BRITISH CAR IMPORT A/S
BRITISH CAR IMPORT A/S (CVR number: 13595984K) is a company from KOLDING. The company reported a net sales of 1811.1 mDKK in 2018, demonstrating a growth of 5.2 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 23.7 mDKK), while net earnings were 22.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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. BRITISH CAR IMPORT A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | |
---|---|---|
Volume | ||
Net sales | 1 721 249.00 | 1 811 131.00 |
Gross profit | 177 179.00 | 224 277.00 |
EBIT | -8 743.00 | 23 710.00 |
Net earnings | -4 408.00 | 22 058.00 |
Shareholders equity total | 107 989.00 | 126 421.00 |
Balance sheet total (assets) | 401 472.00 | 385 766.00 |
Net debt | 70 156.00 | -1 888.00 |
Profitability | ||
EBIT-% | -0.5 % | 1.3 % |
ROA | 1.9 % | 9.6 % |
ROE | -4.1 % | 18.8 % |
ROI | 3.5 % | 20.6 % |
Economic value added (EVA) | -6 207.53 | 13 280.94 |
Solvency | ||
Equity ratio | 26.9 % | 32.8 % |
Gearing | 77.6 % | 0.0 % |
Relative net indebtedness % | 14.7 % | 13.1 % |
Liquidity | ||
Quick ratio | 0.8 | 1.3 |
Current ratio | 1.5 | 1.6 |
Cash and cash equivalents | 13 617.00 | 1 898.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 5.9 | 10.5 |
Net working capital % | 7.8 % | 8.0 % |
Credit risk | ||
Credit rating | A | A |
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