Wheelsshop Denmark ApS — Credit Rating and Financial Key Figures

Wheelsshop Denmark ApS (CVR number: 36972629) is a company from HORSENS. The company reported a net sales of 11.4 mDKK in 2016. The operating profit percentage was at 2.1 % (EBIT: 0.2 mDKK), while net earnings were 116 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.3 %, which can be considered excellent and Return on Equity (ROE) was 69.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24 %, 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. Wheelsshop Denmark ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.