MATCH RACE SKIVE A/S — Credit Rating and Financial Key Figures

CVR number: 29425574
Marienlystvej 53, 7800 Skive

Company information

Official name
MATCH RACE SKIVE A/S
Established
2006
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 total1 372.951 283.741 217.951 169.971 114.41
Balance sheet total (assets)1 407.121 298.261 228.441 180.811 125.25
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 ratio97.6 %98.9 %99.1 %99.1 %99.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio93.069.594.591.8103.9
Current ratio93.069.594.591.8103.9
Cash and cash equivalents401.30358.42306.34270.33342.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-6.18%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 85/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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