Motorsport Denmark ApS — Credit Rating and Financial Key Figures

Motorsport Denmark ApS (CVR number: 37350524) is a company from HOLBÆK. The company recorded a gross profit of 9.1 kDKK in 2022. The operating profit was 9.1 kDKK, while net earnings were -6.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -27.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Motorsport Denmark 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.