Central Car Wash ApS — Credit Rating and Financial Key Figures

Central Car Wash ApS (CVR number: 36927194) is a company from AALBORG. The company recorded a gross profit of 509.2 kDKK in 2019. The operating profit was 57 kDKK, while net earnings were 15.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Central Car Wash ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.