Bastian Buus Racing ApS — Credit Rating and Financial Key Figures

Bastian Buus Racing ApS (CVR number: 39359472) is a company from KOLDING. The company recorded a gross profit of 1017.5 kDKK in 2024. The operating profit was 683.6 kDKK, while net earnings were 340.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -4.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Bastian Buus Racing ApS's liquidity measured by quick ratio was 0.1 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.