F. L. Drift ApS — Credit Rating and Financial Key Figures

CVR number: 42528277
Østergade 1, Laurbjerg 8870 Langå

Credit rating

Company information

Official name
F. L. Drift ApS
Personnel
16 persons
Established
2021
Domicile
Laurbjerg
Company form
Private limited company
Industry

About F. L. Drift ApS

F. L. Drift ApS (CVR number: 42528277) is a company from FAVRSKOV. The company recorded a gross profit of 3783.4 kDKK in 2023. The operating profit was 402.8 kDKK, while net earnings were 319.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.3 %, which can be considered excellent and Return on Equity (ROE) was 87.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26 %, 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. F. L. Drift ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit4 014.593 783.44
EBIT311.41402.80
Net earnings237.09319.40
Shareholders equity total277.09449.24
Balance sheet total (assets)1 642.302 193.30
Net debt- 473.23- 957.67
Profitability
EBIT-%
ROA19.0 %21.3 %
ROE85.6 %87.9 %
ROI96.2 %100.2 %
Economic value added (EVA)242.49324.22
Solvency
Equity ratio22.6 %26.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.11.2
Current ratio1.01.1
Cash and cash equivalents473.23957.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:21.3%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.0%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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