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SPEED SPORT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 204.11 | 937.82 | 387.49 | 1 132.33 | 923.89 |
| EBIT | - 193.05 | 176.78 | - 515.53 | 211.90 | -37.84 |
| Net earnings | - 155.41 | 142.69 | - 401.93 | 145.35 | -23.91 |
| Shareholders equity total | 898.38 | 1 041.07 | 639.13 | 784.49 | 760.58 |
| Balance sheet total (assets) | 1 006.73 | 1 381.14 | 2 203.00 | 2 452.47 | 2 172.91 |
| 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) | - 203.69 | 101.61 | - 465.68 | 116.04 | -81.87 |
| Solvency | |||||
| Equity ratio | 89.2 % | 75.4 % | 63.2 % | 67.6 % | 86.4 % |
| Gearing | 20.3 % | 37.9 % | 34.3 % | 2.9 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 9.2 | 3.1 | 5.2 | 6.1 | 17.6 |
| Current ratio | 9.2 | 3.1 | 1.2 | 1.4 | 1.5 |
| Cash and cash equivalents | 358.51 | 452.45 | 1 410.47 | 590.56 | 1 136.22 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BB | BBB |
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