Speedys Racing ApS

Speedys Racing ApS (CVR number: 42065285) is a company from EGEDAL. The company recorded a gross profit of 171.4 kDKK in 2023. The operating profit was 69.6 kDKK, while net earnings were 64.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 70.7 %, which can be considered excellent and Return on Equity (ROE) was 149.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Speedys Racing ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.