Mads Hansen Racing IVS — Credit Rating and Financial Key Figures

Mads Hansen Racing IVS (CVR number: 40026835) is a company from TØNDER. The company recorded a gross profit of 248.3 kDKK in 2020. The operating profit was 248.3 kDKK, while net earnings were 210.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 178.5 %, which can be considered excellent and Return on Equity (ROE) was 313.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Mads Hansen Racing IVS's liquidity measured by quick ratio was 3.1 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.