MICHAEL OUTZEN RACING ApS — Credit Rating and Financial Key Figures

MICHAEL OUTZEN RACING ApS (CVR number: 31062144) is a company from ODENSE. The company recorded a gross profit of 187.4 kDKK in 2024. The operating profit was 139.3 kDKK, while net earnings were 49.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MICHAEL OUTZEN RACING ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.