Europe Car ApS — Credit Rating and Financial Key Figures

Europe Car ApS (CVR number: 37405744) is a company from GREVE. The company recorded a gross profit of -16.8 kDKK in 2018. The operating profit was -16.8 kDKK, while net earnings were -16.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -160 %, which can be considered poor and Return on Equity (ROE) was -184.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Europe Car ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.