MATCH RACE SKIVE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MATCH RACE SKIVE A/S
MATCH RACE SKIVE A/S (CVR number: 29425574) is a company from SKIVE. The company recorded a gross profit of -48.8 kDKK in 2023. The operating profit was -109.7 kDKK, while net earnings were -55.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MATCH RACE SKIVE A/S's liquidity measured by quick ratio was 103.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.32 | -84.93 | -55.60 | -36.92 | -48.85 |
EBIT | -58.03 | - 136.64 | - 107.31 | -88.63 | - 109.72 |
Net earnings | -28.58 | -89.21 | -65.79 | -47.98 | -55.56 |
Shareholders equity total | 1 372.95 | 1 283.74 | 1 217.95 | 1 169.97 | 1 114.41 |
Balance sheet total (assets) | 1 407.12 | 1 298.26 | 1 228.44 | 1 180.81 | 1 125.25 |
Net debt | - 401.30 | - 358.42 | - 306.34 | - 270.33 | - 342.19 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.4 % | -8.3 % | -6.5 % | -4.9 % | -6.2 % |
ROE | -2.1 % | -6.7 % | -5.3 % | -4.0 % | -4.9 % |
ROI | -2.4 % | -8.3 % | -6.5 % | -5.0 % | -6.2 % |
Economic value added (EVA) | - 117.24 | - 176.71 | - 148.21 | - 130.33 | - 144.37 |
Solvency | |||||
Equity ratio | 97.6 % | 98.9 % | 99.1 % | 99.1 % | 99.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 93.0 | 69.5 | 94.5 | 91.8 | 103.9 |
Current ratio | 93.0 | 69.5 | 94.5 | 91.8 | 103.9 |
Cash and cash equivalents | 401.30 | 358.42 | 306.34 | 270.33 | 342.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
Variable visualization
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