Twenty Racing ApS — Credit Rating and Financial Key Figures

Twenty Racing ApS (CVR number: 42420298) is a company from KØBENHAVN. The company recorded a gross profit of 10.9 mDKK in 2024. The operating profit was 3973.1 kDKK, while net earnings were 3167.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.9 %, which can be considered excellent and Return on Equity (ROE) was 54.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Twenty Racing ApS's liquidity measured by quick ratio was 1.8 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.