E Vehicles 18 ApS — Credit Rating and Financial Key Figures

E Vehicles 18 ApS (CVR number: 40498338) is a company from NÆSTVED. The company recorded a gross profit of 168.7 kDKK in 2021. The operating profit was 3.9 kDKK, while net earnings were 2.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20.4 %, 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. E Vehicles 18 ApS's liquidity measured by quick ratio was 1.1 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.