WeAreCars ApS — Credit Rating and Financial Key Figures

CVR number: 30703227
Herningvej 2, 4800 Nykøbing F
Free credit report Annual report

Company information

Official name
WeAreCars ApS
Personnel
3 persons
Established
2007
Company form
Private limited company
Industry

About WeAreCars ApS

WeAreCars ApS (CVR number: 30703227) is a company from GULDBORGSUND. The company recorded a gross profit of 1958.2 kDKK in 2024. The operating profit was 361.1 kDKK, while net earnings were 270.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.5 %, which can be considered excellent and Return on Equity (ROE) was 55.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. WeAreCars ApS's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit400.17474.07651.68613.711 958.25
EBIT300.07372.05626.17- 434.98361.07
Net earnings156.35219.70611.51- 344.40270.08
Shareholders equity total510.20729.901 341.41- 144.40125.68
Balance sheet total (assets)5 210.754 928.732 095.32848.12922.22
Net debt3 503.093 160.1413.17100.08202.46
Profitability
EBIT-%
ROA6.2 %7.3 %19.2 %-28.2 %38.5 %
ROE36.2 %35.4 %59.0 %-31.5 %55.5 %
ROI6.3 %7.6 %21.6 %-49.7 %108.4 %
Economic value added (EVA)21.9542.38388.08- 414.13271.69
Solvency
Equity ratio9.9 %14.8 %64.0 %-14.5 %13.6 %
Gearing747.6 %452.1 %8.0 %-208.1 %201.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.12.80.70.8
Current ratio0.20.12.80.70.8
Cash and cash equivalents311.20139.7994.20200.4650.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:38.5%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.6%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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