HIGH CLASS RACING ApS — Credit Rating and Financial Key Figures

HIGH CLASS RACING ApS (CVR number: 34705038) is a company from AALBORG. The company recorded a gross profit of 1833.4 kDKK in 2024. The operating profit was 1833.4 kDKK, while net earnings were 1508.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 43.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HIGH CLASS RACING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.