Drive Music ApS — Credit Rating and Financial Key Figures

Drive Music ApS (CVR number: 39000229) is a company from SOLRØD. The company recorded a gross profit of 14 kDKK in 2023. The operating profit was -34.1 kDKK, while net earnings were -35.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.4 %, which can be considered poor and Return on Equity (ROE) was -34.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Drive Music ApS's liquidity measured by quick ratio was 4 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.