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Aquila Racing Cars A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aquila Racing Cars A/S
Aquila Racing Cars A/S (CVR number: 38424521) is a company from HADERSLEV. The company recorded a gross profit of 1077 kDKK in 2024. The operating profit was -795 kDKK, while net earnings were -917 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.4 %, which can be considered poor and Return on Equity (ROE) was -34.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Aquila Racing Cars A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 405.00 | 1 844.00 | 2 308.00 | 2 449.00 | 1 077.00 |
| EBIT | 143.00 | 307.00 | 860.00 | 1 099.00 | - 795.00 |
| Net earnings | -19.00 | 162.00 | 689.00 | 974.00 | - 917.00 |
| Shareholders equity total | -2 567.00 | -2 406.00 | -1 717.00 | - 744.00 | -1 661.00 |
| Balance sheet total (assets) | 1 460.00 | 1 318.00 | 1 520.00 | 2 962.00 | 2 423.00 |
| Net debt | 3 365.00 | 3 366.00 | 2 737.00 | 3 008.00 | 2 742.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.5 % | 7.9 % | 24.7 % | 31.7 % | -20.4 % |
| ROE | -1.3 % | 11.7 % | 48.6 % | 43.5 % | -34.1 % |
| ROI | 4.0 % | 8.8 % | 26.6 % | 35.4 % | -25.3 % |
| Economic value added (EVA) | 93.00 | 261.57 | 808.54 | 1 033.17 | - 917.81 |
| Solvency | |||||
| Equity ratio | -63.7 % | -64.6 % | -53.0 % | -20.1 % | -40.7 % |
| Gearing | -135.2 % | -142.6 % | -176.3 % | -428.5 % | -186.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.3 | 0.3 | 0.8 | 1.6 | 0.5 |
| Current ratio | 0.9 | 0.9 | 1.6 | 2.2 | 1.2 |
| Cash and cash equivalents | 106.00 | 64.00 | 290.00 | 180.00 | 351.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | B |
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