The Drilling Company of 1972 A/S — Credit Rating and Financial Key Figures

The Drilling Company of 1972 A/S (CVR number: 40404716K) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 1096 mUSD in 2020, demonstrating a decline of -10.3 % compared to the previous year. The operating profit percentage was poor at -148 % (EBIT: -1622 mUSD), while net earnings were -1653 mUSD. The profitability of the company measured by Return on Assets (ROA) was -34.8 %, which can be considered poor and Return on Equity (ROE) was -58 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. The Drilling Company of 1972 A/S'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.