R Racers ApS — Credit Rating and Financial Key Figures

R Racers ApS (CVR number: 37748250) is a company from GENTOFTE. The company recorded a gross profit of -7 kDKK in 2017. The operating profit was -7 kDKK, while net earnings were -2.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -6.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. R Racers ApS's liquidity measured by quick ratio was 4.3 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.