Racer Worldwide OÜRegistered
Qualified audit opinion. 2023 report: Qualified.
Key figures
3 477 925 €−6,6%
Revenue 2025
+106,5%
Average annual growth 2019–2025
Ratios
2025−6,3%
Profit margin
−5,4%
EBITDA margin
52,9%
Equity ratio
2,1×
Current ratio
−31,2%
Return on equity
2301 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 277 943 € | 12 | 44 107 € |
| Q1 2026 | 396 301 € | 12 | 66 296 € |
| Q4 2025 | 266 163 € | 13 | 62 521 € |
| Q3 2025 | 222 995 € | 13 | 53 028 € |
| Q2 2025 | 234 324 € | 14 | 56 741 € |
| Q1 2025 | 537 726 € | 13 | 65 077 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
20250 €
20240 €
20230 €
202260 000 €
20210 €
20200 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 13 458 | 80 174 | 350 941 | 709 298 | 1 387 930 | 1 364 051 | 1 268 861 |
| Total non-current assets | 5902 | 4960 | 38 162 | 47 667 | 62 810 | 84 074 | 64 560 |
| Total assets | 19 360 | 85 134 | 389 103 | 756 965 | 1 450 740 | 1 448 125 | 1 333 421 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 10 240 | 61 862 | 145 635 | 202 785 | 525 263 | 512 489 | 608 762 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 19 720 | 25 433 | 19 550 |
| Total liabilities | 10 240 | 61 862 | 145 635 | 202 785 | 544 983 | 537 922 | 628 312 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 97 500 |
| Retained earnings of previous periods | 5048 | 6564 | 20 716 | 180 912 | 551 624 | 903 201 | 815 204 |
| Profit for the year | 1516 | 14 152 | 220 196 | 370 712 | 351 577 | 4446 | −220 095 |
| Reserves and other equity | — | — | — | — | — | — | 12 500 |
| Total equity | 9120 | 23 272 | 243 468 | 554 180 | 905 757 | 910 203 | 705 109 |
| Income statement | |||||||
| Sales revenue | 44 789 | 274 283 | 1 527 248 | 3 608 066 | 3 236 674 | 3 724 941 | 3 477 925 |
| Operating profit | 1556 | 14 152 | 222 905 | 388 236 | 360 957 | 3529 | −205 211 |
| EBITDA | 4362 | 15 756 | 225 700 | 392 544 | 370 075 | 21 863 | −186 228 |
| Profit before income tax | 1516 | 14 152 | 220 196 | 370 712 | 351 577 | 4446 | −220 095 |
| Profit for the reporting year | 1516 | 14 152 | 220 196 | 370 712 | 351 577 | 4446 | −220 095 |
| Labour costs | 802 | 17 166 | 186 360 | 391 629 | 472 491 | 489 816 | 545 028 |
| Depreciation of non-current assets | 2806 | 1604 | 2795 | 4308 | 9118 | 18 334 | 18 983 |
| Other indicators | |||||||
| Employees | 1 | 1 | 8 | 9 | 10 | 13 | 14 |
| Calculated dividend | — | 0 | 0 | 60 000 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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