HK Motorsport ApS — Credit Rating and Financial Key Figures

CVR number: 41234814
Geminivej 8, 2670 Greve
info@hkmotorsport.dk
tel: 27623668
www.hkmotorsport.dk
Free credit report Annual report

Company information

Official name
HK Motorsport ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit220.0043.59430.8483.32-34.33
EBIT-16.41- 121.59245.16- 110.73-54.96
Net earnings-34.04- 117.29152.88- 119.58-88.54
Shareholders equity total5.96- 111.3441.54-78.04- 166.58
Balance sheet total (assets)1 246.541 213.841 214.521 159.161 200.44
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)-13.09-97.23190.03-89.10-40.08
Solvency
Equity ratio0.5 %-8.4 %3.4 %-6.3 %-12.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.21.32.42.21.5
Current ratio3.33.05.85.03.5
Cash and cash equivalents170.64172.83172.82106.82318.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-4.19%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-12.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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