AutoSpace ApS — Credit Rating and Financial Key Figures

AutoSpace ApS (CVR number: 42737569) is a company from VEJLE. The company recorded a gross profit of 0 kDKK in 2022. The operating profit was 6.8 kDKK, while net earnings were -3.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AutoSpace ApS's liquidity measured by quick ratio was 1.8 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.