Retro Speed ApS — Credit Rating and Financial Key Figures

CVR number: 41408057
Kølsmosevej 6, Enslev 8361 Hasselager
runeravnandersen@gmail.com

Company information

Official name
Retro Speed ApS
Personnel
5 persons
Established
2020
Domicile
Enslev
Company form
Private limited company
Industry

About Retro Speed ApS

Retro Speed ApS (CVR number: 41408057) is a company from AARHUS. The company recorded a gross profit of 1317.5 kDKK in 2024. The operating profit was 159.9 kDKK, while net earnings were 12 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.8 %, which can be considered excellent but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -51.2 %. 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 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales50.68
Gross profit43.81-6.88-7.52-6.251 317.52
EBIT43.81-6.88-7.52-6.25159.94
Net earnings45.39217.2911.70- 879.6511.98
Shareholders equity total85.39302.67314.37- 565.27- 553.30
Balance sheet total (assets)101.34380.80343.3718.00531.72
Net debt6.1614.90576.40753.74
Profitability
EBIT-%86.4 %
ROA43.3 %89.8 %3.6 %42.2 %30.8 %
ROE53.2 %112.0 %3.8 %-529.3 %4.4 %
ROI51.4 %109.8 %4.1 %-193.7 %9.1 %
Economic value added (EVA)45.32-9.65-21.86-22.80112.99
Solvency
Equity ratio84.3 %79.5 %91.6 %-96.9 %-51.2 %
Gearing2.0 %4.7 %-102.0 %-146.5 %
Relative net indebtedness %31.5 %
Liquidity
Quick ratio0.70.90.32.40.9
Current ratio0.70.90.32.41.8
Cash and cash equivalents56.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-10.4 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:30.8%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-51.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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