DROPSEN ApS — Credit Rating and Financial Key Figures

CVR number: 27584276
Vejers Havvej 68 A, 6853 Vejers Strand

Credit rating

Company information

Official name
DROPSEN ApS
Personnel
10 persons
Established
2004
Company form
Private limited company
Industry

About DROPSEN ApS

DROPSEN ApS (CVR number: 27584276) is a company from VARDE. The company recorded a gross profit of 2696 kDKK in 2023. The operating profit was 217.9 kDKK, while net earnings were 203.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DROPSEN ApS's liquidity measured by quick ratio was 4.1 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
2023
Volume
Net sales
Gross profit2 027.382 227.522 322.842 632.772 695.98
EBIT337.60502.84342.36- 216.44217.92
Net earnings269.15403.84283.79- 163.40203.66
Shareholders equity total1 486.861 740.701 874.491 561.091 664.75
Balance sheet total (assets)2 124.102 769.132 607.362 326.482 053.47
Net debt- 345.75- 840.96- 915.95- 817.87-60.99
Profitability
EBIT-%
ROA17.0 %21.7 %14.0 %-7.9 %12.6 %
ROE18.9 %25.0 %15.7 %-9.5 %12.6 %
ROI24.7 %32.7 %20.8 %-11.4 %17.0 %
Economic value added (EVA)229.55334.49221.62- 217.27131.23
Solvency
Equity ratio70.0 %62.9 %71.9 %67.1 %81.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.22.12.92.34.1
Current ratio2.92.53.42.95.1
Cash and cash equivalents345.75840.96915.95817.8760.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.1%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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