Retro Speed ApS — Credit Rating and Financial Key Figures

Retro Speed ApS (CVR number: 41408057) is a company from AARHUS. The company recorded a gross profit of -6.2 kDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were -879.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -73.5 %, which can be considered poor and Return on Equity (ROE) was -529.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -96.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Retro Speed ApS's liquidity measured by quick ratio was 2.4 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.