CENTER AUTO ApS — Credit Rating and Financial Key Figures

CVR number: 27185118
Hattemagervej 12, 9000 Aalborg
centerauto@centerauto.dk
tel: 98167600

Company information

Official name
CENTER AUTO ApS
Personnel
5 persons
Established
2003
Company form
Private limited company
Industry

About CENTER AUTO ApS

CENTER AUTO ApS (CVR number: 27185118) is a company from AALBORG. The company recorded a gross profit of 3172.3 kDKK in 2023. The operating profit was 1445.9 kDKK, while net earnings were 1128.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.6 %, which can be considered excellent and Return on Equity (ROE) was 81 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. CENTER AUTO ApS's liquidity measured by quick ratio was 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 294.282 439.522 503.012 846.453 172.28
EBIT532.31665.75896.511 286.521 445.87
Net earnings407.77509.95680.30995.081 128.33
Shareholders equity total1 544.122 054.071 534.371 229.451 557.78
Balance sheet total (assets)2 205.893 219.422 383.552 404.433 940.23
Net debt-1 405.56-2 491.51-1 774.69-1 927.34-2 273.13
Profitability
EBIT-%
ROA21.5 %24.5 %32.0 %53.8 %45.6 %
ROE22.2 %28.3 %37.9 %72.0 %81.0 %
ROI25.9 %33.3 %48.3 %86.8 %67.7 %
Economic value added (EVA)409.37525.30726.751 016.051 172.94
Solvency
Equity ratio70.0 %63.8 %64.4 %51.1 %39.5 %
Gearing16.8 %5.9 %16.5 %82.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.92.52.41.91.6
Current ratio3.12.72.72.01.6
Cash and cash equivalents1 665.642 612.461 774.692 129.963 558.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:45.6%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.5%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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