HK Motorsport ApS

CVR number: 41234814
Geminivej 8, 2670 Greve
info@hkmotorsport.dk
tel: 22671030
www.hkmotorsport.dk

Credit rating

Company information

Official name
HK Motorsport ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About HK Motorsport ApS

HK Motorsport ApS (CVR number: 41234814) is a company from GREVE. The company recorded a gross profit of 83.3 kDKK in 2023. The operating profit was -110.7 kDKK, while net earnings were -119.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -19.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.3 %. 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 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit220.0043.59430.8483.32
EBIT-16.41- 121.59245.16- 110.73
Net earnings-34.04- 117.29152.88- 119.58
Shareholders equity total5.96- 111.3441.54-78.04
Balance sheet total (assets)1 246.541 213.841 214.521 159.16
Net debt- 170.64- 172.83- 172.82- 106.82
Profitability
EBIT-%
ROA-1.3 %-9.5 %19.3 %-9.0 %
ROE-571.6 %-19.2 %24.4 %-19.9 %
ROI-1.7 %-25.1 %1180.3 %-529.7 %
Economic value added (EVA)-13.09-88.65198.72-80.42
Solvency
Equity ratio0.5 %-8.4 %3.4 %-6.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.21.32.42.2
Current ratio3.33.05.85.0
Cash and cash equivalents170.64172.83172.82106.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-8.98%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-6.31%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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