PERFECTION RACING EUROPE ApS — Credit Rating and Financial Key Figures

CVR number: 34460701
Frederiksgade 17, 1265 København K

Credit rating

Company information

Official name
PERFECTION RACING EUROPE ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry
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About PERFECTION RACING EUROPE ApS

PERFECTION RACING EUROPE ApS (CVR number: 34460701) is a company from KØBENHAVN. The company recorded a gross profit of -54.9 kDKK in 2022. The operating profit was -55.7 kDKK, while net earnings were -231 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -30.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PERFECTION RACING EUROPE ApS's liquidity measured by quick ratio was 30.2 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit- 852.10245.90-13.17507.74-54.86
EBIT- 974.96- 645.91- 987.53309.98-55.75
Net earnings- 790.52- 503.69- 772.94205.91- 231.00
Shareholders equity total- 562.581 433.73660.79866.70635.70
Balance sheet total (assets)1 295.672 071.241 749.081 403.40657.46
Net debt1 392.37152.79880.92-3.23-12.62
Profitability
EBIT-%
ROA-77.1 %-32.0 %-51.7 %19.7 %-3.1 %
ROE-103.8 %-36.9 %-73.8 %27.0 %-30.8 %
ROI-117.4 %-37.6 %-56.1 %25.3 %-4.3 %
Economic value added (EVA)- 767.18- 474.81- 826.25215.44-82.97
Solvency
Equity ratio-36.1 %69.2 %37.8 %61.8 %96.7 %
Gearing-250.7 %34.9 %140.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.00.32.630.2
Current ratio0.41.40.62.630.2
Cash and cash equivalents18.21348.1344.633.2312.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-3.12%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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