MATCH RACING DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 19758796
Østre Hougvej 90, 5500 Middelfart
info@m-r-d.dk
tel: 88182288
www.m-r-d.dk
Free credit report Annual report

Credit rating

Company information

Official name
MATCH RACING DENMARK ApS
Established
1996
Company form
Private limited company
Industry

About MATCH RACING DENMARK ApS

MATCH RACING DENMARK ApS (CVR number: 19758796) is a company from MIDDELFART. The company recorded a gross profit of 135.5 kDKK in 2024. The operating profit was -34.6 kDKK, while net earnings were -38.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.8 %, 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 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit71.29525.65191.41276.26135.54
EBIT- 118.91390.89106.04100.47-34.63
Net earnings-94.48301.5498.4978.05-38.42
Shareholders equity total1 315.991 617.531 716.031 214.071 175.65
Balance sheet total (assets)1 778.262 074.642 202.461 780.141 638.02
Net debt- 385.46- 903.43- 396.33- 280.15- 283.32
Profitability
EBIT-%
ROA-5.7 %20.3 %5.0 %5.0 %-2.0 %
ROE-6.9 %20.6 %5.9 %5.3 %-3.2 %
ROI-6.9 %23.3 %5.6 %6.0 %-2.5 %
Economic value added (EVA)- 188.06227.9313.32-18.65- 107.04
Solvency
Equity ratio74.0 %78.0 %77.9 %68.2 %71.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.73.91.90.81.2
Current ratio1.73.91.90.81.2
Cash and cash equivalents385.46903.43396.33280.15283.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-2.03%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.8%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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