Kenneth Bjerre Racing ApS — Credit Rating and Financial Key Figures

Kenneth Bjerre Racing ApS (CVR number: 40905235) is a company from VARDE. The company recorded a gross profit of 1236.5 kDKK in 2023. The operating profit was 611.6 kDKK, while net earnings were 608.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.3 %, which can be considered excellent and Return on Equity (ROE) was 53.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kenneth Bjerre Racing ApS's liquidity measured by quick ratio was 7.6 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.