Selected Car Investment Management ApS — Credit Rating and Financial Key Figures

CVR number: 40444246
Stensgårdvej 17, 5500 Middelfart

Credit rating

Company information

Official name
Selected Car Investment Management ApS
Established
2019
Company form
Private limited company
Industry

About Selected Car Investment Management ApS

Selected Car Investment Management ApS (CVR number: 40444246) is a company from MIDDELFART. The company recorded a gross profit of 100 kDKK in 2024, demonstrating a decline of -1 % compared to the previous year. The operating profit was 100 kDKK, while net earnings were -2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. Selected Car Investment Management ApS'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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales608.001 536.00101.00
Gross profit276.0046.0055.00101.00100.00
EBIT276.0046.0055.00101.00100.00
Net earnings148.00116.00262.00190.00-2.00
Shareholders equity total198.004 321.004 583.004 773.005 271.00
Balance sheet total (assets)2 599.005 889.005 585.007 931.008 360.00
Net debt1 509.00354.00- 462.001 712.002 909.00
Profitability
EBIT-%45.4 %3.0 %100.0 %
ROA11.8 %3.3 %4.8 %1.7 %0.3 %
ROE119.2 %5.1 %5.9 %4.1 %-0.0 %
ROI14.9 %3.8 %5.5 %1.8 %0.3 %
Economic value added (EVA)163.21-62.21- 232.52- 141.04- 318.22
Solvency
Equity ratio7.6 %73.4 %82.1 %60.2 %63.1 %
Gearing884.8 %26.7 %65.2 %57.7 %
Relative net indebtedness %354.9 %50.1 %1739.6 %
Liquidity
Quick ratio0.11.00.50.60.3
Current ratio0.11.00.50.60.3
Cash and cash equivalents243.00799.00462.001 401.00133.00
Capital use efficiency
Trade debtors turnover (days)47.0
Net working capital %-351.5 %2.5 %-1108.9 %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:0.31%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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