Viborg Kart Park ApS — Credit Rating and Financial Key Figures

Viborg Kart Park ApS (CVR number: 37596485) is a company from VIBORG. The company reported a net sales of 0.4 mDKK in 2018, demonstrating a growth of 39.9 % compared to the previous year. The operating profit percentage was at 10.5 % (EBIT: 0 mDKK), while net earnings were 33.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.5 %, which can be considered excellent and Return on Equity (ROE) was 45.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, 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. Viborg Kart Park ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.