CarsAhead ApS — Credit Rating and Financial Key Figures

CVR number: 42910082
Rudolf Steiner Allé 6, Sønderskov 7000 Fredericia
info@carsahead.dk
tel: 22584859

Credit rating

Company information

Official name
CarsAhead ApS
Established
2021
Domicile
Sønderskov
Company form
Private limited company
Industry

About CarsAhead ApS

CarsAhead ApS (CVR number: 42910082) is a company from FREDERICIA. The company recorded a gross profit of 75.2 kDKK in 2023. The operating profit was 46.6 kDKK, while net earnings were 35 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CarsAhead ApS's liquidity measured by quick ratio was 9.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit163.4275.16
EBIT134.8546.59
Net earnings101.6035.04
Shareholders equity total401.60336.64
Balance sheet total (assets)450.47359.41
Net debt- 271.63- 213.06
Profitability
EBIT-%
ROA29.9 %11.5 %
ROE25.3 %9.5 %
ROI33.6 %12.6 %
Economic value added (EVA)103.4329.50
Solvency
Equity ratio89.2 %93.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.79.5
Current ratio5.79.5
Cash and cash equivalents271.63213.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.7%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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