SOS Racing Parts ApS — Credit Rating and Financial Key Figures

CVR number: 33386923
Lillehøjvej 25, 8600 Silkeborg
vl@mssp.dk
tel: 60137191
www.sosracingparts.dk

Credit rating

Company information

Official name
SOS Racing Parts ApS
Personnel
8 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon18Printing and reproduction of recorded media

About SOS Racing Parts ApS

SOS Racing Parts ApS (CVR number: 33386923) is a company from SILKEBORG. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -24.6 % compared to the previous year. The operating profit percentage was poor at -20 % (EBIT: -0.2 mDKK), while net earnings were -168.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.1 %, which can be considered poor and Return on Equity (ROE) was -26.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SOS Racing Parts ApS's liquidity measured by quick ratio was 0.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales658.91824.991 125.581 333.751 005.87
Gross profit658.91824.991 125.581 333.751 005.87
EBIT-31.9089.84-90.96281.28- 200.95
Net earnings-35.0265.05-83.56222.56- 168.56
Shareholders equity total- 131.22-66.17- 149.7372.83-93.17
Balance sheet total (assets)458.641 100.79836.721 166.411 185.02
Net debt-0.02-82.57- 100.00- 146.16-66.84
Profitability
EBIT-%-4.8 %10.9 %-8.1 %21.1 %-20.0 %
ROA-4.7 %11.4 %-7.5 %27.6 %-15.1 %
ROE-7.2 %8.3 %-8.6 %48.9 %-26.8 %
ROI814.5 %-508.0 %
Economic value added (EVA)-20.0876.62-63.65234.66- 162.46
Solvency
Equity ratio-22.2 %-5.7 %-15.2 %6.2 %-7.3 %
Gearing
Relative net indebtedness %89.5 %131.4 %78.8 %39.0 %81.4 %
Liquidity
Quick ratio0.30.60.30.80.6
Current ratio0.60.90.61.31.1
Cash and cash equivalents0.0282.57100.00146.1666.84
Capital use efficiency
Trade debtors turnover (days)59.362.736.392.2157.8
Net working capital %-34.7 %-17.8 %-36.7 %15.7 %5.6 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-15.1%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-7.29%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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