RK Motorsport ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RK Motorsport ApS
RK Motorsport ApS (CVR number: 32158730) is a company from VIBORG. The company recorded a gross profit of -135.7 kDKK in 2023. The operating profit was -198.3 kDKK, while net earnings were -152.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.1 %, which can be considered poor and Return on Equity (ROE) was -59.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RK Motorsport ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.76 | 183.28 | - 173.45 | 221.22 | - 135.75 |
EBIT | -7.76 | 180.87 | - 195.05 | 185.62 | - 198.34 |
Net earnings | 0.66 | 202.46 | - 145.00 | 137.84 | - 152.85 |
Shareholders equity total | - 262.19 | -59.73 | - 204.73 | 333.11 | 180.26 |
Balance sheet total (assets) | 486.55 | 733.39 | 647.48 | 639.19 | 433.70 |
Net debt | -1.33 | - 119.94 | -5.12 | - 232.81 | - 101.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | 26.6 % | -20.6 % | 26.7 % | -36.1 % |
ROE | 0.1 % | 33.2 % | -21.0 % | 28.1 % | -59.5 % |
ROI | -7932.4 % | 118.1 % | -75.5 % | ||
Economic value added (EVA) | 5.57 | 206.51 | - 143.11 | 154.71 | - 159.76 |
Solvency | |||||
Equity ratio | -35.0 % | -7.5 % | -24.0 % | 52.1 % | 41.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.9 | 0.7 | 2.2 | 1.1 |
Current ratio | 0.6 | 0.9 | 0.7 | 2.2 | 1.1 |
Cash and cash equivalents | 1.33 | 119.94 | 5.12 | 232.81 | 101.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
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