GMB Motorsport ApS — Credit Rating and Financial Key Figures

CVR number: 42780839
Mads Clausens Vej 10, 8600 Silkeborg
www.gmbmotorsport.dk

Credit rating

Company information

Official name
GMB Motorsport ApS
Personnel
11 persons
Established
2021
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About GMB Motorsport ApS

GMB Motorsport ApS (CVR number: 42780839) is a company from SILKEBORG. The company recorded a gross profit of -16853.8 kDKK in 2023. The operating profit was -37.1 mDKK, while net earnings were -39.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -98.1 %, which can be considered poor and Return on Equity (ROE) was -282.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -83.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GMB Motorsport ApS's liquidity measured by quick ratio was 0.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit-21 807.69-16 853.76
EBIT-32 905.02-37 058.60
Net earnings-33 032.32-39 560.24
Shareholders equity total25 100.58-14 459.66
Balance sheet total (assets)58 106.142 911.42
Net debt-7 558.4416 506.31
Profitability
EBIT-%
ROA-56.6 %-98.1 %
ROE-131.6 %-282.5 %
ROI-79.6 %-127.6 %
Economic value added (EVA)-31 970.41-35 692.74
Solvency
Equity ratio43.2 %-83.2 %
Gearing5.1 %-115.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.2
Current ratio1.50.2
Cash and cash equivalents8 848.19218.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-98.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-83.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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