RacingCUBE ApS — Credit Rating and Financial Key Figures

RacingCUBE ApS (CVR number: 37200247) is a company from Brønderslev. The company recorded a gross profit of -6.7 kDKK in 2023. The operating profit was -106.1 kDKK, while net earnings were -85.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.2 %, which can be considered poor and Return on Equity (ROE) was -29 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62 %, 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. RacingCUBE ApS's liquidity measured by quick ratio was 1.6 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.