Selected Car Investment 1 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Selected Car Investment 1 A/S
Selected Car Investment 1 A/S (CVR number: 41269898) is a company from MIDDELFART. The company recorded a gross profit of -655 kDKK in 2023. The operating profit was -655 kDKK, while net earnings were -370 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Selected Car Investment 1 A/S's liquidity measured by quick ratio was 110.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 720.00 | - 733.00 | 3 438.00 | - 655.00 |
EBIT | - 720.00 | - 733.00 | 3 438.00 | - 655.00 |
Net earnings | - 563.00 | - 573.00 | 2 681.00 | - 370.00 |
Shareholders equity total | 24 394.00 | 23 821.00 | 27 157.00 | 26 787.00 |
Balance sheet total (assets) | 24 397.00 | 24 295.00 | 27 917.00 | 26 802.00 |
Net debt | - 261.00 | 399.00 | -10 456.00 | -1 545.00 |
Profitability | ||||
EBIT-% | ||||
ROA | -3.0 % | -3.0 % | 13.2 % | -1.7 % |
ROE | -2.3 % | -2.4 % | 10.5 % | -1.4 % |
ROI | -3.0 % | -3.0 % | 13.4 % | -1.8 % |
Economic value added (EVA) | - 561.44 | -1 784.12 | 1 488.29 | -1 349.44 |
Solvency | ||||
Equity ratio | 100.0 % | 98.0 % | 97.3 % | 99.9 % |
Gearing | 2.0 % | |||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 278.7 | 1.4 | 14.1 | 110.4 |
Current ratio | 8 132.3 | 51.3 | 36.7 | 1 786.8 |
Cash and cash equivalents | 261.00 | 70.00 | 10 456.00 | 1 545.00 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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