Tom K Racing ApS — Credit Rating and Financial Key Figures

CVR number: 26112710
Tom Kristensens Vej 1 E, 9500 Hobro

Company information

Official name
Tom K Racing ApS
Personnel
2 persons
Established
2001
Company form
Private limited company
Industry

About Tom K Racing ApS

Tom K Racing ApS (CVR number: 26112710) is a company from MARIAGERFJORD. The company recorded a gross profit of 4888 kDKK in 2024. The operating profit was 2996.2 kDKK, while net earnings were 2249.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.6 %, which can be considered excellent and Return on Equity (ROE) was 30.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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. Tom K Racing ApS's liquidity measured by quick ratio was 2.5 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 998.002 155.524 787.396 039.204 887.98
EBIT2 021.01485.182 932.214 024.382 996.21
Net earnings755.462 678.782 265.863 261.162 249.32
Shareholders equity total6 619.269 298.0511 563.906 725.067 974.39
Balance sheet total (assets)27 800.6615 052.6315 790.4610 167.4311 936.24
Net debt-1 138.584 552.931 296.34-2 653.55-6 217.62
Profitability
EBIT-%
ROA7.3 %17.7 %20.9 %33.7 %28.6 %
ROE12.1 %33.7 %21.7 %35.7 %30.6 %
ROI17.2 %29.6 %22.6 %38.7 %34.7 %
Economic value added (EVA)1 402.69342.981 813.672 619.312 161.65
Solvency
Equity ratio37.1 %78.9 %80.8 %66.1 %66.8 %
Gearing73.1 %52.7 %21.1 %18.3 %21.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.53.54.52.22.5
Current ratio0.53.44.62.32.5
Cash and cash equivalents5 975.50346.401 143.613 886.327 964.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:28.6%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member

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