Race 1 ApS — Credit Rating and Financial Key Figures

Race 1 ApS (CVR number: 40646345) is a company from SLAGELSE. The company recorded a gross profit of 693 kDKK in 2024. The operating profit was 689.3 kDKK, while net earnings were 418.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Race 1 ApS's liquidity measured by quick ratio was 3.4 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.