WeAreCars ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WeAreCars ApS
WeAreCars ApS (CVR number: 30703227) is a company from GULDBORGSUND. The company recorded a gross profit of 613.7 kDKK in 2023. The operating profit was -435 kDKK, while net earnings were -344.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.2 %, which can be considered poor and Return on Equity (ROE) was -31.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. WeAreCars ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 183.90 | 400.17 | 474.07 | 651.68 | 613.71 |
EBIT | 93.12 | 300.07 | 372.05 | 626.17 | - 434.98 |
Net earnings | -6.08 | 156.35 | 219.70 | 611.51 | - 344.40 |
Shareholders equity total | 353.85 | 510.20 | 729.90 | 1 341.41 | - 144.40 |
Balance sheet total (assets) | 4 434.08 | 5 210.75 | 4 928.73 | 2 095.32 | 848.12 |
Net debt | 3 212.47 | 3 503.09 | 3 160.14 | 13.17 | 100.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.3 % | 6.2 % | 7.3 % | 19.2 % | -28.2 % |
ROE | -1.7 % | 36.2 % | 35.4 % | 59.0 % | -31.5 % |
ROI | 2.3 % | 6.3 % | 7.6 % | 21.6 % | -49.7 % |
Economic value added (EVA) | -31.02 | 78.62 | 152.17 | 477.47 | - 404.00 |
Solvency | |||||
Equity ratio | 8.0 % | 9.9 % | 14.8 % | 64.0 % | -14.5 % |
Gearing | 928.0 % | 747.6 % | 452.1 % | 8.0 % | -208.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.3 | 0.1 | 2.8 | 0.7 |
Current ratio | 0.8 | 0.2 | 0.1 | 2.8 | 0.7 |
Cash and cash equivalents | 71.41 | 311.20 | 139.79 | 94.20 | 200.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BB | B |
Variable visualization
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