HK Motorsport ApS
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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 220.00 | 43.59 | 430.84 | 83.32 |
EBIT | -16.41 | - 121.59 | 245.16 | - 110.73 |
Net earnings | -34.04 | - 117.29 | 152.88 | - 119.58 |
Shareholders equity total | 5.96 | - 111.34 | 41.54 | -78.04 |
Balance sheet total (assets) | 1 246.54 | 1 213.84 | 1 214.52 | 1 159.16 |
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 | -88.65 | 198.72 | -80.42 |
Solvency | ||||
Equity ratio | 0.5 % | -8.4 % | 3.4 % | -6.3 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.2 | 1.3 | 2.4 | 2.2 |
Current ratio | 3.3 | 3.0 | 5.8 | 5.0 |
Cash and cash equivalents | 170.64 | 172.83 | 172.82 | 106.82 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | B | B | B |
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