Bastian Buus Racing ApS

CVR number: 39359472
Platinvej 25, 6000 Kolding
morten@buus99.dk
tel: 22676812
www.bastianbuus.dk

Credit rating

Company information

Official name
Bastian Buus Racing ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About the company

Bastian Buus Racing ApS (CVR number: 39359472) is a company from KOLDING. The company recorded a gross profit of 2014.9 kDKK in 2023. The operating profit was 1520.6 kDKK, while net earnings were 1056.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.1 %, which can be considered excellent and Return on Equity (ROE) was 39.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -11.8 %. 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 0.4 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
20192020202120222023
Volume
Net sales
Gross profit- 405.00- 472.08- 326.21- 260.082 014.93
EBIT- 405.00- 479.23- 343.60- 331.441 520.61
Net earnings- 337.00- 403.33- 292.68- 295.871 056.61
Shareholders equity total- 669.00-1 072.06-1 325.74-1 621.60- 564.99
Balance sheet total (assets)198.00553.30651.44887.754 517.64
Net debt857.00890.091 382.911 427.611 549.12
Profitability
EBIT-%
ROA-55.9 %-38.5 %-19.1 %-14.8 %40.1 %
ROE-150.8 %-107.4 %-48.6 %-38.4 %39.1 %
ROI-59.2 %-54.9 %-30.2 %-23.6 %96.5 %
Economic value added (EVA)- 291.47- 340.18- 214.55- 194.261 269.39
Solvency
Equity ratio-77.2 %-66.0 %-67.1 %-72.7 %-11.8 %
Gearing-128.1 %-83.0 %-104.3 %-88.0 %-274.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.30.40.4
Current ratio0.20.30.30.30.3
Cash and cash equivalents0.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBCBBBB

Variable visualization

ROA:40.1%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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