ADD Cars 1 IVS — Credit Rating and Financial Key Figures

ADD Cars 1 IVS (CVR number: 39344246) is a company from RØDOVRE. The company recorded a gross profit of 498.2 kDKK in 2020. The operating profit was -29.1 kDKK, while net earnings were -22.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.5 %, which can be considered poor and Return on Equity (ROE) was -21.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ADD Cars 1 IVS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.