Drying Matter ApS — Credit Rating and Financial Key Figures

CVR number: 42455687
Sandvedvej 59 B, Flemstofte 4250 Fuglebjerg

Credit rating

Company information

Official name
Drying Matter ApS
Personnel
2 persons
Established
2021
Domicile
Flemstofte
Company form
Private limited company
Industry

About Drying Matter ApS

Drying Matter ApS (CVR number: 42455687) is a company from NÆSTVED. The company recorded a gross profit of 2874.4 kDKK in 2023. The operating profit was 2699.8 kDKK, while net earnings were 2088.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.5 %, which can be considered excellent and Return on Equity (ROE) was 121.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.2 %, 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. Drying Matter ApS's liquidity measured by quick ratio was 2.3 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
2021
2022
2023
Volume
Net sales
Gross profit-96.52997.022 874.43
EBIT-96.52856.852 699.79
Net earnings-74.70713.502 088.35
Shareholders equity total-34.70678.802 767.15
Balance sheet total (assets)3 027.852 076.899 950.39
Net debt-0.781 213.26-6 326.66
Profitability
EBIT-%
ROA-3.1 %33.7 %45.5 %
ROE-2.5 %38.5 %121.2 %
ROI84.5 %99.5 %
Economic value added (EVA)-75.29715.652 130.53
Solvency
Equity ratio-5.9 %32.7 %40.2 %
Gearing182.7 %21.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.02.3
Current ratio0.91.01.3
Cash and cash equivalents0.7827.036 910.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:45.5%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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