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SPEED SPORT A/S — Credit Rating and Financial Key Figures

CVR number: 17240501
Kirkevej 14, 6560 Sommersted
Free credit report Annual report

Credit rating

Company information

Official name
SPEED SPORT A/S
Personnel
2 persons
Established
1993
Company form
Limited company
Industry

About SPEED SPORT A/S

SPEED SPORT A/S (CVR number: 17240501) is a company from HADERSLEV. The company recorded a gross profit of 923.9 kDKK in 2025. The operating profit was -37.8 kDKK, while net earnings were -23.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SPEED SPORT A/S's liquidity measured by quick ratio was 17.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit204.11937.82387.491 132.33923.89
EBIT- 193.05176.78- 515.53211.90-37.84
Net earnings- 155.41142.69- 401.93145.35-23.91
Shareholders equity total898.381 041.07639.13784.49760.58
Balance sheet total (assets)1 006.731 381.142 203.002 452.472 172.91
Net debt- 358.51- 240.73-1 168.38- 321.13-1 114.23
Profitability
EBIT-%
ROA-17.7 %14.8 %-28.7 %9.7 %-1.3 %
ROE-15.9 %14.7 %-47.8 %20.4 %-3.1 %
ROI-19.8 %16.4 %-48.2 %23.3 %-3.4 %
Economic value added (EVA)- 203.69101.61- 465.68116.04-81.87
Solvency
Equity ratio89.2 %75.4 %63.2 %67.6 %86.4 %
Gearing20.3 %37.9 %34.3 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio9.23.15.26.117.6
Current ratio9.23.11.21.41.5
Cash and cash equivalents358.51452.451 410.47590.561 136.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.34%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:86.4%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Chairman of the board

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