Spanner Racing ApS — Credit Rating and Financial Key Figures

Spanner Racing ApS (CVR number: 43150839) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -32.7 kDKK in 2024. The operating profit was -32.7 kDKK, while net earnings were -27.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.4 %, which can be considered poor and Return on Equity (ROE) was -28.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Spanner 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.