Heide Racing ApS — Credit Rating and Financial Key Figures

Heide Racing ApS (CVR number: 38395467) is a company from DRAGØR. The company recorded a gross profit of -420.9 kDKK in 2024. The operating profit was -544.3 kDKK, while net earnings were -31.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Heide Racing ApS's liquidity measured by quick ratio was 914.3 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.