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Race 1 ApS — Credit Rating and Financial Key Figures

CVR number: 40646345
Hans Tausensgade 11, 4200 Slagelse
Free credit report Annual report

Company information

Official name
Race 1 ApS
Established
2019
Company form
Private limited company
Industry

About Race 1 ApS

Race 1 ApS (CVR number: 40646345) is a company from SLAGELSE. The company recorded a gross profit of 730 kDKK in 2025. The operating profit was 728.2 kDKK, while net earnings were 431.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.5 %, 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit698.88658.99681.92692.99730.03
EBIT695.23655.34678.27689.34728.18
Net earnings386.45356.68382.49418.85431.09
Shareholders equity total3 253.063 609.743 992.244 411.084 842.17
Balance sheet total (assets)12 587.2212 495.3412 491.0412 620.9212 905.93
Net debt6 785.306 648.576 420.116 050.735 540.96
Profitability
EBIT-%
ROA5.4 %5.2 %5.4 %5.7 %5.8 %
ROE12.6 %10.4 %10.1 %10.0 %9.3 %
ROI5.8 %5.5 %5.7 %5.9 %6.0 %
Economic value added (EVA)-41.35-80.61-69.83-68.29-47.19
Solvency
Equity ratio25.8 %28.9 %32.0 %35.0 %37.5 %
Gearing244.7 %214.3 %188.0 %164.8 %145.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.92.63.43.4
Current ratio1.51.92.63.43.4
Cash and cash equivalents1 174.431 086.201 085.551 219.071 494.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.80%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:37.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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