LOGITEC Drift ApS — Credit Rating and Financial Key Figures

LOGITEC Drift ApS (CVR number: 41177705) is a company from VEJLE. The company recorded a gross profit of 874.8 kDKK in 2023. The operating profit was 727.3 kDKK, while net earnings were 654.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.7 %, which can be considered excellent and Return on Equity (ROE) was 41.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. LOGITEC Drift ApS's liquidity measured by quick ratio was 4.6 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.