Boat & Cars ApS — Credit Rating and Financial Key Figures

Boat & Cars ApS (CVR number: 42873292) is a company from RANDERS. The company recorded a gross profit of 224.2 kDKK in 2023. The operating profit was -50.2 kDKK, while net earnings were -49.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.2 %, which can be considered poor and Return on Equity (ROE) was -76.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Boat & Cars ApS'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.