DRT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DRT A/S
DRT A/S (CVR number: 17088130) is a company from VEJLE. The company recorded a gross profit of -798.5 kDKK in 2023. The operating profit was -967.4 kDKK, while net earnings were -802.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.2 %, which can be considered poor and Return on Equity (ROE) was -14.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DRT A/S'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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 906.76 | -1 080.26 | - 336.59 | -2 861.39 | - 798.47 |
EBIT | -2 040.40 | -2 131.19 | -1 019.10 | -3 056.45 | - 967.38 |
Net earnings | -1 960.08 | -1 792.90 | - 824.71 | -3 071.85 | - 802.20 |
Shareholders equity total | 4 382.72 | 2 589.82 | 5 480.11 | 5 827.73 | 5 025.53 |
Balance sheet total (assets) | 10 399.90 | 8 918.37 | 6 108.53 | 6 485.81 | 6 168.61 |
Net debt | 3 568.07 | 5 430.95 | 55.22 | - 212.53 | 499.17 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.5 % | -20.6 % | -8.9 % | -47.8 % | -15.2 % |
ROE | -73.6 % | -51.4 % | -20.4 % | -54.3 % | -14.8 % |
ROI | -23.8 % | -24.8 % | -15.7 % | -54.3 % | -16.8 % |
Economic value added (EVA) | -1 640.28 | -1 933.36 | - 725.35 | -3 273.25 | -1 038.69 |
Solvency | |||||
Equity ratio | 42.4 % | 29.0 % | 89.7 % | 89.9 % | 81.5 % |
Gearing | 83.6 % | 210.0 % | 1.0 % | 0.8 % | 10.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 8.8 | 6.9 | 4.3 |
Current ratio | 1.2 | 1.3 | 9.1 | 9.1 | 4.5 |
Cash and cash equivalents | 97.16 | 7.13 | 2.11 | 260.03 | 36.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BBB |
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