Center Danmark Drift ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Center Danmark Drift ApS
Center Danmark Drift ApS (CVR number: 40868399) is a company from FREDERICIA. The company reported a net sales of 13.9 mDKK in 2024, demonstrating a growth of 22.9 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 0.9 mDKK), while net earnings were 1000.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 42.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.1 %, 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. Center Danmark Drift ApS's liquidity measured by quick ratio was 3.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 561.76 | 4 103.48 | 6 754.49 | 11 273.17 | 13 858.25 |
Gross profit | 813.64 | 2 377.76 | 5 562.62 | 9 916.59 | 12 056.08 |
EBIT | -1 251.85 | -1 344.02 | - 793.28 | 1 507.10 | 916.38 |
Net earnings | -1 261.26 | -1 362.68 | - 866.15 | 1 460.02 | 1 000.22 |
Shareholders equity total | 2 278.74 | 916.06 | 49.91 | 1 835.97 | 2 836.19 |
Balance sheet total (assets) | 2 850.47 | 3 590.94 | 4 436.63 | 6 412.47 | 8 846.03 |
Net debt | -1 776.01 | 421.33 | - 534.31 | 258.98 | -4 312.87 |
Profitability | |||||
EBIT-% | -80.2 % | -32.8 % | -11.7 % | 13.4 % | 6.6 % |
ROA | -43.9 % | -41.7 % | -19.7 % | 28.0 % | 13.8 % |
ROE | -55.3 % | -85.3 % | -179.3 % | 154.8 % | 42.8 % |
ROI | -54.9 % | -49.5 % | -21.5 % | 48.3 % | 42.6 % |
Economic value added (EVA) | -1 251.85 | -1 458.52 | - 860.48 | 1 446.66 | 811.11 |
Solvency | |||||
Equity ratio | 79.9 % | 25.5 % | 1.1 % | 28.6 % | 53.1 % |
Gearing | 46.0 % | 643.5 % | 14.1 % | ||
Relative net indebtedness % | -77.1 % | 65.2 % | 40.0 % | 40.6 % | 12.2 % |
Liquidity | |||||
Quick ratio | 4.8 | 6.3 | 13.8 | 4.9 | 3.5 |
Current ratio | 4.8 | 6.3 | 13.8 | 4.9 | 1.4 |
Cash and cash equivalents | 1 776.01 | 855.51 | 4 312.87 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 8.5 | 21.1 | 33.0 | 119.6 | 10.8 |
Net working capital % | 139.5 % | 70.4 % | 59.0 % | 43.9 % | 19.1 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | A |
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