Ballerup Go-Kart ApS — Credit Rating and Financial Key Figures

CVR number: 29915733
Tempovej 35, 2750 Ballerup
tel: 22420370

Credit rating

Company information

Official name
Ballerup Go-Kart ApS
Personnel
26 persons
Established
2006
Company form
Private limited company
Industry

About Ballerup Go-Kart ApS

Ballerup Go-Kart ApS (CVR number: 29915733) is a company from BALLERUP. The company recorded a gross profit of 3667.2 kDKK in 2023. The operating profit was 175.1 kDKK, while net earnings were 146.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.5 %, 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. Ballerup Go-Kart ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit2 475.012 272.742 722.433 191.573 667.20
EBIT344.22-3.40392.70299.01175.06
Net earnings222.78-27.66250.91277.24146.20
Shareholders equity total581.68554.02804.931 082.181 228.38
Balance sheet total (assets)2 350.363 075.983 208.393 204.802 891.17
Net debt749.45159.5560.86341.7769.08
Profitability
EBIT-%
ROA19.1 %1.0 %13.8 %11.6 %7.7 %
ROE47.4 %-4.9 %36.9 %29.4 %12.7 %
ROI29.6 %1.8 %31.7 %24.9 %14.7 %
Economic value added (EVA)243.23-33.05259.73242.4656.69
Solvency
Equity ratio24.7 %18.0 %25.1 %33.8 %42.5 %
Gearing129.7 %61.7 %49.9 %43.2 %15.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.60.70.6
Current ratio0.80.80.60.70.6
Cash and cash equivalents4.95182.29340.96125.35126.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:7.68%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.5%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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