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 615.2 kDKK in 2024. The operating profit was 0.1 kDKK, while net earnings were 80.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.8 %, 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 9.2 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.