Touringcar Academy ApS — Credit Rating and Financial Key Figures

Touringcar Academy ApS (CVR number: 43268473) is a company from Høje-Taastrup. The company recorded a gross profit of -146.2 kDKK in 2023. The operating profit was -185.2 kDKK, while net earnings were -189 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.9 %, which can be considered poor and Return on Equity (ROE) was -133.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Touringcar Academy ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.