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GRANDPRIX ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRANDPRIX ApS
GRANDPRIX ApS (CVR number: 21253847) is a company from GRIBSKOV. The company recorded a gross profit of 655.9 kDKK in 2025. The operating profit was -250.8 kDKK, while net earnings were -219.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GRANDPRIX ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 114.65 | 1 044.46 | 75.86 | 1 372.12 | 655.88 |
| EBIT | 453.59 | - 136.29 | - 824.26 | 471.66 | - 250.76 |
| Net earnings | 461.88 | -41.54 | - 908.54 | 509.15 | - 219.20 |
| Shareholders equity total | 3 412.47 | 3 142.13 | 2 005.59 | 2 286.75 | 2 067.54 |
| Balance sheet total (assets) | 4 746.67 | 3 952.82 | 3 059.92 | 3 844.98 | 3 618.28 |
| Net debt | -2 457.29 | - 999.44 | - 424.36 | - 569.11 | - 717.17 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.6 % | -0.5 % | -22.3 % | 15.1 % | -5.5 % |
| ROE | 14.0 % | -1.3 % | -35.3 % | 23.7 % | -10.1 % |
| ROI | 14.9 % | -0.6 % | -28.8 % | 21.6 % | -8.2 % |
| Economic value added (EVA) | 293.96 | - 307.77 | - 986.79 | 361.41 | - 382.71 |
| Solvency | |||||
| Equity ratio | 73.1 % | 79.5 % | 65.5 % | 59.5 % | 57.1 % |
| Gearing | 2.9 % | 9.4 % | 14.8 % | 16.0 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.8 | 3.4 | 1.8 | 1.7 | 1.6 |
| Current ratio | 2.7 | 3.4 | 1.8 | 1.7 | 1.6 |
| Cash and cash equivalents | 2 457.29 | 1 091.62 | 612.76 | 908.33 | 1 048.22 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BB | BBB | BBB |
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