TEAM TELESIKRING RACING A/S

TEAM TELESIKRING RACING A/S (CVR number: 30905504) is a company from ESBJERG. The company recorded a gross profit of -25.6 kDKK in 2019. The operating profit was -25.1 kDKK, while net earnings were 12 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TEAM TELESIKRING RACING A/S's liquidity measured by quick ratio was 9.7 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.