Justdrive ApS — Credit Rating and Financial Key Figures

Justdrive ApS (CVR number: 42078395) is a company from HVIDOVRE. The company recorded a gross profit of 19.2 mDKK in 2023. The operating profit was 14.9 mDKK, while net earnings were 7585.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.1 %, which can be considered excellent and Return on Equity (ROE) was 117.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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. Justdrive ApS's liquidity measured by quick ratio was 1 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.