FP Drift ApS — Credit Rating and Financial Key Figures

CVR number: 89410312
Rappendam Have 7, Jørlunde 3550 Slangerup
tel: 44950901

Credit rating

Company information

Official name
FP Drift ApS
Personnel
2 persons
Established
1980
Domicile
Jørlunde
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FP Drift ApS

FP Drift ApS (CVR number: 89410312) is a company from FREDERIKSSUND. The company recorded a gross profit of 37.7 kDKK in 2023. The operating profit was -57.9 kDKK, while net earnings were -45 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -20.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FP Drift ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 814.782 740.543 285.734 099.8037.72
EBIT160.46507.241 392.994 051.65-57.89
Net earnings90.34368.251 065.273 206.50-45.01
Shareholders equity total1 300.391 668.632 433.90240.40195.39
Balance sheet total (assets)3 921.774 345.224 871.782 260.591 310.75
Net debt764.59466.801 690.90- 254.60536.91
Profitability
EBIT-%
ROA3.6 %12.3 %30.2 %113.6 %-3.2 %
ROE6.9 %24.8 %51.9 %239.8 %-20.7 %
ROI4.7 %16.4 %36.1 %136.8 %-4.0 %
Economic value added (EVA)27.82300.75992.453 111.1518.89
Solvency
Equity ratio33.2 %38.4 %50.0 %10.6 %14.9 %
Gearing120.6 %99.1 %81.0 %531.4 %566.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.71.50.80.6
Current ratio1.82.01.50.81.2
Cash and cash equivalents804.291 187.29279.741 532.10569.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBB

Variable visualization

ROA:-3.17%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.9%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

Companies in the same industry

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