Rasmussen Motorsport ApS

Rasmussen Motorsport ApS (CVR number: 41536470) is a company from BILLUND. The company recorded a gross profit of 309.1 kDKK in 2023. The operating profit was 60.2 kDKK, while net earnings were 43.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -14.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Rasmussen Motorsport ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.