FTHK Racing I/S — Credit Rating and Financial Key Figures

FTHK Racing I/S (CVR number: 42782122) is a company from GENTOFTE. The company recorded a gross profit of -371.5 kDKK in 2023. The operating profit was -371.5 kDKK, while net earnings were -371.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.1 %, which can be considered poor and Return on Equity (ROE) was -28.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FTHK Racing I/S's liquidity measured by quick ratio was 4.2 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.