Driving Academy ApS — Credit Rating and Financial Key Figures

Driving Academy ApS (CVR number: 40242716) is a company from FREDERICIA. The company recorded a gross profit of 1795.8 kDKK in 2023. The operating profit was -540.8 kDKK, while net earnings were -442.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.8 %, which can be considered poor and Return on Equity (ROE) was -62.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25 %, 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. Driving Academy ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.