Walther Racing ApS — Credit Rating and Financial Key Figures

CVR number: 41934247
Peter Petersens Alle 27, 2791 Dragør

Credit rating

Company information

Official name
Walther Racing ApS
Established
2020
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit12.8666.9213.35
EBIT8.509.00-36.40
Net earnings5.565.34-28.50
Shareholders equity total45.5650.9122.41
Balance sheet total (assets)66.0968.5555.95
Net debt-66.09-63.05-47.93
Profitability
EBIT-%
ROA12.9 %13.4 %-58.5 %
ROE12.2 %11.1 %-77.7 %
ROI18.6 %17.8 %-93.3 %
Economic value added (EVA)6.557.88-27.56
Solvency
Equity ratio68.9 %74.3 %40.1 %
Gearing9.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.23.91.7
Current ratio3.23.91.7
Cash and cash equivalents66.0967.7147.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-58.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.1%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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