TradeCar A/S

TradeCar A/S (CVR number: 42996254) is a company from VIBORG. The company recorded a gross profit of 2407.6 kDKK in 2023. The operating profit was 1685.8 kDKK, while net earnings were 1118.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 71.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.6 %, 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. TradeCar A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.