MATCH RACING DENMARK ApS — Credit Rating and Financial Key Figures

MATCH RACING DENMARK ApS (CVR number: 19758796) is a company from MIDDELFART. The company recorded a gross profit of 276.3 kDKK in 2023. The operating profit was 100.5 kDKK, while net earnings were 78 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. MATCH RACING DENMARK 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.