Visti Graae Racing ApS — Credit Rating and Financial Key Figures

CVR number: 42777331
Skelhøjvej 30, 2800 Kongens Lyngby

Company information

Official name
Visti Graae Racing ApS
Established
2021
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales64.06102.82
Gross profit-36.94-31.87
EBIT-36.94-31.87
Net earnings-39.66-32.53
Shareholders equity total7.677.08
Balance sheet total (assets)9.469.50
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)-36.94-32.26
Solvency
Equity ratio81.1 %74.5 %
Gearing
Relative net indebtedness %-11.9 %-4.2 %
Liquidity
Quick ratio5.33.9
Current ratio5.33.9
Cash and cash equivalents9.436.73
Capital use efficiency
Trade debtors turnover (days)0.20.3
Net working capital %12.0 %6.9 %
Credit risk
Credit ratingBB

Variable visualization

ROA:-336.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.5%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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