Race Bike Nordic A/S — Credit Rating and Financial Key Figures

Race Bike Nordic A/S (CVR number: 44264455) is a company from HELSINGØR. The company recorded a gross profit of -2208.5 kDKK in 2024. The operating profit was -2208.5 kDKK, while net earnings were -2764.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -86.1 %, which can be considered poor and Return on Equity (ROE) was -320.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Race Bike Nordic A/S's liquidity measured by quick ratio was 1.7 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.