Drive Studios ApS — Credit Rating and Financial Key Figures

Drive Studios ApS (CVR number: 36966955) is a company from KØBENHAVN. The company recorded a gross profit of 52.9 mDKK in 2023. The operating profit was 1088 kDKK, while net earnings were 3850 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -13.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Drive Studios ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.