DROPPIN DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 35682821
Søndergade 8, 8000 Aarhus C
info@droppinstudio.dk
tel: 28912723
www.droppinstudio.dk

Credit rating

Company information

Official name
DROPPIN DEVELOPMENT ApS
Personnel
3 persons
Established
2014
Company form
Private limited company
Industry

About DROPPIN DEVELOPMENT ApS

DROPPIN DEVELOPMENT ApS (CVR number: 35682821) is a company from AARHUS. The company recorded a gross profit of 2291.9 kDKK in 2024. The operating profit was 270.5 kDKK, while net earnings were 221.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.3 %, which can be considered excellent and Return on Equity (ROE) was 37.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.6 %, 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. DROPPIN DEVELOPMENT ApS's liquidity measured by quick ratio was 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 258.011 380.331 522.711 781.032 291.89
EBIT31.66220.1914.9188.72270.53
Net earnings15.32227.9829.8231.41221.75
Shareholders equity total184.59412.58442.40473.81695.57
Balance sheet total (assets)814.26983.591 381.421 255.041 296.91
Net debt-57.03- 231.56- 111.99- 170.98- 259.77
Profitability
EBIT-%
ROA5.1 %26.4 %3.0 %8.4 %23.3 %
ROE8.7 %76.4 %7.0 %6.9 %37.9 %
ROI9.9 %67.9 %8.1 %19.2 %40.9 %
Economic value added (EVA)8.59205.77-5.8240.59171.66
Solvency
Equity ratio22.7 %41.9 %32.0 %37.8 %53.6 %
Gearing55.5 %0.8 %43.3 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.70.81.11.9
Current ratio1.21.70.81.11.9
Cash and cash equivalents159.45231.56115.41376.06260.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:23.3%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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