Ro Racing ApS — Credit Rating and Financial Key Figures

Ro Racing ApS (CVR number: 39298813) is a company from ISHØJ. The company recorded a gross profit of -8.1 kDKK in 2023. The operating profit was -8.1 kDKK, while net earnings were -8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ro Racing ApS's liquidity measured by quick ratio was 7.2 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.