DSP. RACING ApS — Credit Rating and Financial Key Figures

CVR number: 68443512
Sundsmarkvej 30, 6400 Sønderborg

Credit rating

Company information

Official name
DSP. RACING ApS
Personnel
2 persons
Established
1982
Company form
Private limited company
Industry

About DSP. RACING ApS

DSP. RACING ApS (CVR number: 68443512) is a company from SØNDERBORG. The company recorded a gross profit of 347.5 kDKK in 2023. The operating profit was -34.7 kDKK, while net earnings were -20.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.7 %, 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. DSP. RACING ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit505.69546.02483.08298.58347.46
EBIT-17.74139.1987.50-43.02-34.72
Net earnings11.77125.8976.16-46.53-20.19
Shareholders equity total724.78850.68391.63345.10324.91
Balance sheet total (assets)1 182.781 576.64884.41699.11726.75
Net debt-46.79- 416.84- 123.1268.85-7.70
Profitability
EBIT-%
ROA1.1 %12.0 %8.1 %-5.0 %-3.6 %
ROE1.6 %16.0 %12.3 %-12.6 %-6.0 %
ROI1.8 %17.4 %12.1 %-6.6 %-4.7 %
Economic value added (EVA)-32.2787.5960.59-43.50-28.39
Solvency
Equity ratio61.3 %54.0 %44.3 %49.4 %44.7 %
Gearing19.3 %14.0 %50.4 %56.5 %47.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.61.00.90.8
Current ratio2.32.01.51.51.3
Cash and cash equivalents187.01535.87320.43126.06161.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-3.63%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.7%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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