Nellemann Luxury Cars A/S — Credit Rating and Financial Key Figures

Nellemann Luxury Cars A/S (CVR number: 13644705) is a company from Høje-Taastrup. The company recorded a gross profit of -3550 kDKK in 2024. The operating profit was -7791 kDKK, while net earnings were -7408 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.9 %, which can be considered poor and Return on Equity (ROE) was -1439.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nellemann Luxury Cars A/S's liquidity measured by quick ratio was 0.3 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.