Auto World ApS — Credit Rating and Financial Key Figures

Auto World ApS (CVR number: 39240157) is a company from FURESØ. The company recorded a gross profit of 1459.9 kDKK in 2023. The operating profit was 1111.7 kDKK, while net earnings were 859 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.9 %, which can be considered excellent and Return on Equity (ROE) was 73.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.6 %, 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. Auto World ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.