MOTORSPORTS CENTER NORDJYLLAND ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MOTORSPORTS CENTER NORDJYLLAND ApS
MOTORSPORTS CENTER NORDJYLLAND ApS (CVR number: 19039390) is a company from AALBORG. The company recorded a gross profit of -3 kDKK in 2023. The operating profit was -17.9 kDKK, while net earnings were -24.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.8 %, 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. MOTORSPORTS CENTER NORDJYLLAND 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 20.17 | -3.74 | 11.95 | 66.96 | -3.04 |
EBIT | 6.86 | -17.43 | 4.54 | 59.55 | -17.86 |
Net earnings | -7.50 | -26.33 | -2.61 | 39.72 | -24.25 |
Shareholders equity total | 723.20 | 696.87 | 694.26 | 724.53 | 700.28 |
Balance sheet total (assets) | 1 079.63 | 1 035.45 | 1 023.42 | 1 040.44 | 989.37 |
Net debt | 212.77 | 280.24 | 268.76 | 221.97 | 250.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.6 % | -1.6 % | 0.4 % | 5.8 % | -1.8 % |
ROE | -1.0 % | -3.7 % | -0.4 % | 5.6 % | -3.4 % |
ROI | 0.6 % | -1.6 % | 0.4 % | 5.8 % | -1.8 % |
Economic value added (EVA) | -41.02 | -59.85 | -43.55 | 4.59 | -60.68 |
Solvency | |||||
Equity ratio | 67.0 % | 67.3 % | 67.8 % | 69.6 % | 70.8 % |
Gearing | 49.3 % | 48.4 % | 47.2 % | 42.5 % | 41.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.7 | 3.7 | 3.4 | 4.5 | 2.8 |
Current ratio | 7.7 | 3.7 | 3.4 | 4.5 | 2.8 |
Cash and cash equivalents | 143.66 | 57.14 | 58.89 | 85.83 | 37.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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