AFRICA AUTOMOTIVE A/S — Credit Rating and Financial Key Figures

AFRICA AUTOMOTIVE A/S (CVR number: 31071348) is a company from SVENDBORG. The company recorded a gross profit of 6688 kDKK in 2023. The operating profit was 2664.9 kDKK, while net earnings were 2214.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AFRICA AUTOMOTIVE A/S's liquidity measured by quick ratio was 1.5 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.