GP Racing ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GP Racing ApS
GP Racing ApS (CVR number: 40109064) is a company from AABENRAA. The company recorded a gross profit of 32.8 kDKK in 2024. The operating profit was -15.5 kDKK, while net earnings were -33.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GP Racing ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -59.58 | 196.30 | 23.72 | -1.61 | 32.80 |
EBIT | -63.60 | 148.03 | -24.55 | -49.88 | -15.47 |
Net earnings | -54.46 | 104.61 | -31.06 | -76.30 | -33.83 |
Shareholders equity total | -94.85 | 9.76 | -21.30 | -97.60 | - 131.44 |
Balance sheet total (assets) | 427.68 | 510.40 | 529.78 | 1 054.10 | 530.43 |
Net debt | 349.68 | 292.68 | 105.40 | 202.95 | 273.28 |
Profitability | |||||
EBIT-% | |||||
ROA | -21.6 % | 29.3 % | -3.4 % | -5.9 % | -1.0 % |
ROE | -24.0 % | 47.8 % | -11.5 % | -9.6 % | -4.3 % |
ROI | -25.8 % | 35.1 % | -4.0 % | -10.8 % | -2.2 % |
Economic value added (EVA) | -50.61 | 98.47 | -40.77 | -61.28 | -30.27 |
Solvency | |||||
Equity ratio | -18.2 % | 1.9 % | -3.9 % | -8.5 % | -19.9 % |
Gearing | -443.4 % | 4188.4 % | -2150.8 % | -467.0 % | -273.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.7 | 0.8 | 0.7 |
Current ratio | 0.4 | 0.7 | 0.7 | 0.8 | 0.7 |
Cash and cash equivalents | 70.87 | 116.11 | 352.64 | 252.87 | 86.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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