Bilcentrum ApS — Credit Rating and Financial Key Figures

Bilcentrum ApS (CVR number: 40287051) is a company from VARDE. The company recorded a gross profit of 47.7 kDKK in 2020. The operating profit was 47.7 kDKK, while net earnings were -5.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 92.4 %, which can be considered excellent but Return on Equity (ROE) was -38 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.7 %, 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. Bilcentrum ApS's liquidity measured by quick ratio was 1.6 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.