Visti Graae Racing ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Visti Graae Racing ApS
Visti Graae Racing ApS (CVR number: 42777331) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 60.5 % compared to the previous year. The operating profit percentage was poor at -31 % (EBIT: -0 mDKK), while net earnings were -32.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -336 %, which can be considered poor and Return on Equity (ROE) was -440.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. Visti Graae Racing ApS's liquidity measured by quick ratio was 3.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 64.06 | 102.82 |
Gross profit | -36.94 | -31.87 |
EBIT | -36.94 | -31.87 |
Net earnings | -39.66 | -32.53 |
Shareholders equity total | 7.67 | 7.08 |
Balance sheet total (assets) | 9.46 | 9.50 |
Net debt | -9.43 | -6.73 |
Profitability | ||
EBIT-% | -57.7 % | -31.0 % |
ROA | -390.3 % | -336.0 % |
ROE | -516.9 % | -440.8 % |
ROI | -481.5 % | -431.8 % |
Economic value added (EVA) | -36.94 | -31.71 |
Solvency | ||
Equity ratio | 81.1 % | 74.5 % |
Gearing | ||
Relative net indebtedness % | -11.9 % | -4.2 % |
Liquidity | ||
Quick ratio | 5.3 | 3.9 |
Current ratio | 5.3 | 3.9 |
Cash and cash equivalents | 9.43 | 6.73 |
Capital use efficiency | ||
Trade debtors turnover (days) | 0.2 | 0.3 |
Net working capital % | 12.0 % | 6.9 % |
Credit risk | ||
Credit rating | B | B |
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