Byens Køreskole Aars ApS — Credit Rating and Financial Key Figures

Byens Køreskole Aars ApS (CVR number: 40625070) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 210.2 kDKK in 2023. The operating profit was -35 kDKK, while net earnings were -28.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Byens Køreskole Aars ApS's liquidity measured by quick ratio was 2.9 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.