MøllerMadsen Race-Club ApS

CVR number: 39248972
Havnegade 100 F, 5000 Odense C
Nicolaj@mollermadsen.dk
tel: 22481511
www.Raceclub.dk

Credit rating

Company information

Official name
MøllerMadsen Race-Club ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About MøllerMadsen Race-Club ApS

MøllerMadsen Race-Club ApS (CVR number: 39248972) is a company from ODENSE. The company recorded a gross profit of 104.6 kDKK in 2023. The operating profit was -166.9 kDKK, while net earnings were -182.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.3 %, which can be considered poor and Return on Equity (ROE) was -74.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -68.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MøllerMadsen Race-Club ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit400.29-55.52489.28-40.03104.60
EBIT86.67- 334.70167.14- 335.16- 166.91
Net earnings83.95- 336.95318.89- 374.11- 182.79
Shareholders equity total88.69- 248.26140.63- 233.48- 416.27
Balance sheet total (assets)223.50241.97457.75305.81187.50
Net debt-57.63- 209.40- 231.65319.07479.80
Profitability
EBIT-%
ROA47.9 %-93.8 %68.1 %-67.2 %-25.3 %
ROE80.2 %-203.8 %166.7 %-167.6 %-74.1 %
ROI195.4 %-754.8 %459.3 %-137.1 %-43.7 %
Economic value added (EVA)86.55- 336.26190.14- 353.32- 146.47
Solvency
Equity ratio39.7 %-50.6 %30.7 %-48.0 %-68.9 %
Gearing-138.8 %-117.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.70.51.40.40.2
Current ratio1.70.51.40.40.2
Cash and cash equivalents57.63209.40231.654.9010.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBCBBCB

Variable visualization

ROA:-25.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-68.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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