KHJ Racing ApS

CVR number: 41069791
Baunehøjparken 22 D, Hadbjerg 8410 Rønde

Credit rating

Company information

Official name
KHJ Racing ApS
Personnel
1 person
Established
2020
Domicile
Hadbjerg
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About KHJ Racing ApS

KHJ Racing ApS (CVR number: 41069791) is a company from SYDDJURS. The company recorded a gross profit of -69.2 kDKK in 2023. The operating profit was -82.8 kDKK, while net earnings were -66.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -62.6 %, which can be considered poor and Return on Equity (ROE) was -68.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KHJ Racing ApS's liquidity measured by quick ratio was 0.4 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
2020202120222023
Volume
Net sales
Gross profit96.0221.74-37.65-69.19
EBIT69.30-74.33-41.00-82.77
Net earnings50.79-58.22-35.31-66.15
Shareholders equity total90.7932.57-2.74-68.89
Balance sheet total (assets)221.10153.06109.0382.95
Net debt-71.99-25.71-14.6046.31
Profitability
EBIT-%
ROA31.3 %-39.3 %-30.7 %-62.6 %
ROE55.9 %-94.4 %-49.9 %-68.9 %
ROI75.1 %-117.8 %-209.6 %-313.6 %
Economic value added (EVA)53.90-58.92-34.62-63.39
Solvency
Equity ratio41.1 %21.3 %-2.4 %-45.4 %
Gearing-228.4 %-67.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.40.60.4
Current ratio1.20.70.70.4
Cash and cash equivalents71.9925.7120.850.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-62.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-45.4%
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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