TCB Rasser Racing ApS — Credit Rating and Financial Key Figures

CVR number: 36691654
Hedegårdsvej 2, Faurskov 6670 Holsted
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Credit rating

Company information

Official name
TCB Rasser Racing ApS
Personnel
1 person
Established
2015
Domicile
Faurskov
Company form
Private limited company
Industry

About TCB Rasser Racing ApS

TCB Rasser Racing ApS (CVR number: 36691654) is a company from VEJEN. The company recorded a gross profit of 2732.2 kDKK in 2024. The operating profit was 2271.4 kDKK, while net earnings were 1740.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 62.8 %, which can be considered excellent and Return on Equity (ROE) was 51.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TCB Rasser Racing ApS's liquidity measured by quick ratio was 11.3 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 profit490.38506.41871.172 079.022 732.15
EBIT325.40351.55725.761 734.272 271.39
Net earnings235.62279.65534.381 356.211 740.42
Shareholders equity total495.17774.821 252.002 549.314 228.74
Balance sheet total (assets)650.28987.001 282.092 704.994 585.18
Net debt- 348.70- 559.10-1 035.74-1 378.40-2 091.97
Profitability
EBIT-%
ROA54.1 %42.9 %64.0 %88.5 %62.8 %
ROE62.4 %44.0 %52.7 %71.4 %51.4 %
ROI61.6 %52.7 %71.3 %92.0 %65.6 %
Economic value added (EVA)224.79238.13525.101 287.121 615.23
Solvency
Equity ratio76.1 %78.5 %97.7 %94.2 %92.2 %
Gearing11.4 %1.0 %0.1 %0.3 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.94.540.513.011.3
Current ratio3.94.540.513.011.3
Cash and cash equivalents405.34566.571 037.441 386.032 123.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:62.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.2%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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