ANDERSEN RACING ApS — Credit Rating and Financial Key Figures

ANDERSEN RACING ApS (CVR number: 26265045) is a company from HERNING. The company recorded a gross profit of 716.7 kDKK in 2016. The operating profit was 662.5 kDKK, while net earnings were 577.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 84 %, which can be considered excellent and Return on Equity (ROE) was 100.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ANDERSEN RACING ApS's liquidity measured by quick ratio was 3.7 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.