Cargear aps — Credit Rating and Financial Key Figures

Cargear aps (CVR number: 40199217) is a company from SØNDERBORG. The company recorded a gross profit of -4.5 kDKK in 2023. The operating profit was -4.5 kDKK, while net earnings were -3.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -17 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Cargear aps's liquidity measured by quick ratio was 3.8 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.