Mikkel Mac Racing ApS — Credit Rating and Financial Key Figures

Mikkel Mac Racing ApS (CVR number: 38737031) is a company from GREVE. The company recorded a gross profit of 597.4 kDKK in 2024. The operating profit was -55.9 kDKK, while net earnings were -43.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. Mikkel Mac Racing ApS'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.