HK Motorsport ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HK Motorsport ApS
HK Motorsport ApS (CVR number: 41234814) is a company from GREVE. The company recorded a gross profit of -34.3 kDKK in 2024. The operating profit was -55 kDKK, while net earnings were -88.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -7.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HK Motorsport ApS's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 220.00 | 43.59 | 430.84 | 83.32 | -34.33 |
EBIT | -16.41 | - 121.59 | 245.16 | - 110.73 | -54.96 |
Net earnings | -34.04 | - 117.29 | 152.88 | - 119.58 | -88.54 |
Shareholders equity total | 5.96 | - 111.34 | 41.54 | -78.04 | - 166.58 |
Balance sheet total (assets) | 1 246.54 | 1 213.84 | 1 214.52 | 1 159.16 | 1 200.44 |
Net debt | - 170.64 | - 172.83 | - 172.82 | - 106.82 | - 318.65 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.3 % | -9.5 % | 19.3 % | -9.0 % | -4.2 % |
ROE | -571.6 % | -19.2 % | 24.4 % | -19.9 % | -7.5 % |
ROI | -1.7 % | -25.1 % | 1180.3 % | -529.7 % | |
Economic value added (EVA) | -13.09 | -97.23 | 190.03 | -89.10 | -40.08 |
Solvency | |||||
Equity ratio | 0.5 % | -8.4 % | 3.4 % | -6.3 % | -12.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 2.4 | 2.2 | 1.5 |
Current ratio | 3.3 | 3.0 | 5.8 | 5.0 | 3.5 |
Cash and cash equivalents | 170.64 | 172.83 | 172.82 | 106.82 | 318.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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