E-drive ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About E-drive ApS
E-drive ApS (CVR number: 40325506) is a company from HØRSHOLM. The company recorded a gross profit of -122.9 kDKK in 2024. The operating profit was -122.9 kDKK, while net earnings were -97.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.2 %, which can be considered poor and Return on Equity (ROE) was -36.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.5 %, 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. E-drive ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 237.61 | 35.86 | 146.10 | 35.63 | - 122.92 |
| EBIT | 237.61 | 35.86 | 98.60 | 35.63 | - 122.92 |
| Net earnings | 182.51 | 23.54 | 64.74 | 23.40 | -97.25 |
| Shareholders equity total | 205.28 | 228.82 | 293.56 | 316.97 | 219.72 |
| Balance sheet total (assets) | 508.03 | 292.67 | 538.64 | 776.19 | 936.13 |
| Net debt | - 333.66 | - 117.48 | 85.92 | 74.12 | 75.70 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 85.2 % | 9.0 % | 23.9 % | 5.6 % | -14.2 % |
| ROE | 160.1 % | 10.8 % | 24.8 % | 7.7 % | -36.2 % |
| ROI | 126.5 % | 11.7 % | 29.0 % | 8.6 % | -32.3 % |
| Economic value added (EVA) | 182.49 | 11.36 | 62.79 | 5.25 | - 118.53 |
| Solvency | |||||
| Equity ratio | 40.4 % | 78.2 % | 54.5 % | 40.8 % | 23.5 % |
| Gearing | 61.1 % | 22.8 % | 38.0 % | 41.0 % | 39.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 4.6 | 2.2 | 1.7 | 1.3 |
| Current ratio | 1.7 | 4.6 | 2.2 | 1.7 | 1.3 |
| Cash and cash equivalents | 459.14 | 169.70 | 25.69 | 55.70 | 10.58 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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