Drive Me ApS — Credit Rating and Financial Key Figures

CVR number: 40252037
Østergården 26, 2635 Ishøj
tel: 40790725

Credit rating

Company information

Official name
Drive Me ApS
Personnel
3 persons
Established
2019
Company form
Private limited company
Industry

About Drive Me ApS

Drive Me ApS (CVR number: 40252037) is a company from ISHØJ. The company recorded a gross profit of 885.8 kDKK in 2022. The operating profit was 62.1 kDKK, while net earnings were 48.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. Drive Me ApS's liquidity measured by quick ratio was 2.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
Volume
Net sales
Gross profit318.22761.23885.82
EBIT2.25202.7962.11
Net earnings-0.52158.3248.45
Shareholders equity total0.00-0.51197.81246.26
Balance sheet total (assets)0.0094.30463.01388.94
Net debt-0.00-29.72-36.90
Profitability
EBIT-%
ROA2.4 %72.7 %14.6 %
ROE-0.5 %108.4 %21.8 %
ROI205.0 %28.0 %
Economic value added (EVA)2.25158.3540.00
Solvency
Equity ratio100.0 %-0.5 %42.7 %63.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.11.42.1
Current ratio0.11.42.1
Cash and cash equivalents0.0029.7236.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBBB

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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