KARTING RACE ApS — Credit Rating and Financial Key Figures

KARTING RACE ApS (CVR number: 34465169) is a company from KALUNDBORG. The company recorded a gross profit of 52 kDKK in 2017. The operating profit was 19 kDKK, while net earnings were 14.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78 %, 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. KARTING RACE ApS's liquidity measured by quick ratio was 3.5 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.