Racing Promotion ApS — Credit Rating and Financial Key Figures

Racing Promotion ApS (CVR number: 37452890) is a company from SORØ. The company recorded a gross profit of 24.7 kDKK in 2024. The operating profit was 24.7 kDKK, while net earnings were 14.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -20.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Racing Promotion ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.