Walther Racing ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Walther Racing ApS
Walther Racing ApS (CVR number: 41934247) is a company from DRAGØR. The company recorded a gross profit of 13.4 kDKK in 2023. The operating profit was -36.4 kDKK, while net earnings were -28.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -58.5 %, which can be considered poor and Return on Equity (ROE) was -77.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.1 %, 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. Walther Racing ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 12.86 | 66.92 | 13.35 |
EBIT | 8.50 | 9.00 | -36.40 |
Net earnings | 5.56 | 5.34 | -28.50 |
Shareholders equity total | 45.56 | 50.91 | 22.41 |
Balance sheet total (assets) | 66.09 | 68.55 | 55.95 |
Net debt | -66.09 | -63.05 | -47.93 |
Profitability | |||
EBIT-% | |||
ROA | 12.9 % | 13.4 % | -58.5 % |
ROE | 12.2 % | 11.1 % | -77.7 % |
ROI | 18.6 % | 17.8 % | -93.3 % |
Economic value added (EVA) | 6.55 | 7.88 | -27.56 |
Solvency | |||
Equity ratio | 68.9 % | 74.3 % | 40.1 % |
Gearing | 9.2 % | ||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 3.2 | 3.9 | 1.7 |
Current ratio | 3.2 | 3.9 | 1.7 |
Cash and cash equivalents | 66.09 | 67.71 | 47.93 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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