Digital Roads ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Digital Roads ApS
Digital Roads ApS (CVR number: 27426948) is a company from HVIDOVRE. The company recorded a gross profit of 502.6 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were 4.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor but Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Digital Roads ApS's liquidity measured by quick ratio was 4.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 791.60 | 790.02 | 600.63 | 579.92 | 502.60 |
EBIT | 46.41 | 119.62 | -43.72 | -2.94 | -7.47 |
Net earnings | 85.37 | 148.30 | -34.72 | -3.03 | 4.07 |
Shareholders equity total | 825.17 | 888.10 | 853.38 | 850.35 | 818.67 |
Balance sheet total (assets) | 1 252.30 | 1 499.77 | 1 327.58 | 1 326.54 | 1 116.21 |
Net debt | 336.56 | 539.13 | 398.30 | 389.14 | 233.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.5 % | 8.7 % | -3.1 % | -0.2 % | -0.6 % |
ROE | 10.9 % | 17.3 % | -4.0 % | -0.4 % | 0.5 % |
ROI | 4.6 % | 8.7 % | -3.1 % | -0.2 % | -0.6 % |
Economic value added (EVA) | -3.25 | 107.67 | -78.03 | -45.53 | -47.84 |
Solvency | |||||
Equity ratio | 65.9 % | 59.2 % | 64.3 % | 64.1 % | 73.3 % |
Gearing | 42.8 % | 62.3 % | 47.3 % | 46.2 % | 30.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 2.7 | 3.1 | 3.1 | 4.5 |
Current ratio | 3.4 | 2.7 | 3.1 | 3.1 | 4.5 |
Cash and cash equivalents | 16.47 | 13.93 | 5.76 | 3.86 | 15.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
Variable visualization
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