DRUMOTEC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DRUMOTEC ApS
DRUMOTEC ApS (CVR number: 38747568) is a company from FURESØ. The company recorded a gross profit of 436.5 kDKK in 2023. The operating profit was -631.2 kDKK, while net earnings were -622.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.8 %, which can be considered poor and Return on Equity (ROE) was -38.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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. DRUMOTEC 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 019.32 | 1 340.65 | 1 297.54 | 3 653.20 | 436.50 |
EBIT | 219.03 | 446.11 | 338.80 | 2 354.97 | - 631.16 |
Net earnings | 187.33 | 338.45 | 248.47 | 1 890.34 | - 622.71 |
Shareholders equity total | 301.50 | 639.95 | 888.42 | 2 778.76 | 456.05 |
Balance sheet total (assets) | 2 446.65 | 3 409.14 | 5 242.94 | 7 949.81 | 989.39 |
Net debt | 290.94 | 118.88 | 315.85 | -1 826.04 | - 187.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.5 % | 16.1 % | 10.0 % | 41.0 % | -13.8 % |
ROE | 40.0 % | 71.9 % | 32.5 % | 103.1 % | -38.5 % |
ROI | 22.8 % | 45.9 % | 36.8 % | 129.7 % | -37.7 % |
Economic value added (EVA) | 155.53 | 349.31 | 221.12 | 1 771.05 | - 556.13 |
Solvency | |||||
Equity ratio | 12.3 % | 18.8 % | 16.9 % | 41.4 % | 46.1 % |
Gearing | 254.5 % | 55.1 % | 53.4 % | 1.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.1 | 1.3 | 0.6 |
Current ratio | 1.1 | 1.2 | 1.2 | 1.5 | 1.9 |
Cash and cash equivalents | 476.47 | 233.55 | 158.78 | 1 854.06 | 187.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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