WeAreCars ApS — Credit Rating and Financial Key Figures

CVR number: 30703227
Herningvej 2, 4800 Nykøbing F

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 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit183.90400.17474.07651.68613.71
EBIT93.12300.07372.05626.17- 434.98
Net earnings-6.08156.35219.70611.51- 344.40
Shareholders equity total353.85510.20729.901 341.41- 144.40
Balance sheet total (assets)4 434.085 210.754 928.732 095.32848.12
Net debt3 212.473 503.093 160.1413.17100.08
Profitability
EBIT-%
ROA2.3 %6.2 %7.3 %19.2 %-28.2 %
ROE-1.7 %36.2 %35.4 %59.0 %-31.5 %
ROI2.3 %6.3 %7.6 %21.6 %-49.7 %
Economic value added (EVA)-31.0278.62152.17477.47- 404.00
Solvency
Equity ratio8.0 %9.9 %14.8 %64.0 %-14.5 %
Gearing928.0 %747.6 %452.1 %8.0 %-208.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.30.12.80.7
Current ratio0.80.20.12.80.7
Cash and cash equivalents71.41311.20139.7994.20200.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBB

Variable visualization

ROA:-28.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-14.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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