RACEHALL Aarhus A/S — Credit Rating and Financial Key Figures

RACEHALL Aarhus A/S (CVR number: 28864973) is a company from AARHUS. The company recorded a gross profit of 7153 kDKK in 2023. The operating profit was 1890.5 kDKK, while net earnings were 1625 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RACEHALL Aarhus A/S's liquidity measured by quick ratio was 2.8 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.