MHJ RACING ApS — Credit Rating and Financial Key Figures

CVR number: 35040560
Lundtoftegårdsvej 10, 2800 Kongens Lyngby

Company information

Official name
MHJ RACING ApS
Established
2013
Company form
Private limited company
Industry

About MHJ RACING ApS

MHJ RACING ApS (CVR number: 35040560) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 2400.6 kDKK in 2024. The operating profit was 2400.6 kDKK, while net earnings were 1952.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.2 %, which can be considered excellent and Return on Equity (ROE) was 76.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.2 %, 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. MHJ RACING ApS's liquidity measured by quick ratio was 4.8 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 profit89.99691.94699.481 684.322 400.63
EBIT89.99691.94699.481 684.322 400.63
Net earnings16.29503.78533.731 327.501 952.52
Shareholders equity total- 785.00- 281.23252.501 580.003 532.52
Balance sheet total (assets)2 578.473 108.113 492.863 905.004 461.16
Net debt2 950.452 282.651 429.251 469.97- 739.36
Profitability
EBIT-%
ROA5.3 %21.9 %22.0 %48.5 %60.2 %
ROE0.6 %17.7 %31.8 %144.9 %76.4 %
ROI5.5 %23.2 %28.8 %62.4 %68.8 %
Economic value added (EVA)-66.31403.00403.871 205.521 752.99
Solvency
Equity ratio-23.3 %-8.3 %7.2 %40.5 %79.2 %
Gearing-420.3 %-1103.0 %753.3 %114.3 %5.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.91.11.94.8
Current ratio0.80.91.11.94.8
Cash and cash equivalents348.62819.18472.75335.88925.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:60.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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