Cars' ApS

Cars' ApS (CVR number: 40901396) is a company from AALBORG. The company recorded a gross profit of 90.4 kDKK in 2020. The operating profit was -30.7 kDKK, while net earnings were -24.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -51.2 %, which can be considered poor and Return on Equity (ROE) was -163.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Cars' ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.