Driver ApS — Credit Rating and Financial Key Figures

CVR number: 34217580
Kirstinehøj 47, 2770 Kastrup

Credit rating

Company information

Official name
Driver ApS
Personnel
4 persons
Established
2012
Company form
Private limited company
Industry

About Driver ApS

Driver ApS (CVR number: 34217580) is a company from TÅRNBY. The company recorded a gross profit of 2429.3 kDKK in 2024. The operating profit was 595.4 kDKK, while net earnings were 391.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 0 %, 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. Driver ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 556.001 275.002 011.00- 865.002 429.32
EBIT277.00- 226.00177.00-2 640.00595.37
Net earnings193.00-82.00321.00-2 084.00391.21
Shareholders equity total1 382.001 110.001 431.00- 653.00- 261.26
Balance sheet total (assets)5 737.006 963.008 040.005 810.004 662.98
Net debt980.002 198.001 246.00803.00668.00
Profitability
EBIT-%
ROA5.3 %-3.6 %2.4 %-36.3 %10.5 %
ROE15.0 %-6.6 %25.3 %-57.6 %7.5 %
ROI11.9 %-7.6 %5.8 %-140.8 %59.3 %
Economic value added (EVA)148.59- 218.7074.36-2 126.90464.94
Solvency
Equity ratio26.7 %17.6 %19.2 %-8.5 %0.0 %
Gearing87.0 %206.0 %90.6 %-155.4 %-386.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.10.20.2
Current ratio1.01.01.10.50.7
Cash and cash equivalents223.0089.0050.00212.00341.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.02%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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