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EG Drive A/S — Credit Rating and Financial Key Figures

CVR number: 38564455
Stensmosevej 24 P, 2620 Albertslund
www.egdrive.dk
Free credit report Annual report

Company information

Official name
EG Drive A/S
Personnel
1 person
Established
2017
Company form
Limited company
Industry

About EG Drive A/S

EG Drive A/S (CVR number: 38564455) is a company from ALBERTSLUND. The company recorded a gross profit of 2357.3 kDKK in 2024. The operating profit was 2061.5 kDKK, while net earnings were 1654.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46 %, which can be considered excellent and Return on Equity (ROE) was 88.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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. EG Drive A/S'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 profit434.992 672.062 735.111 710.122 357.34
EBIT215.492 203.991 786.341 550.722 061.47
Net earnings223.201 712.521 396.281 291.211 654.17
Shareholders equity total723.202 212.521 996.281 691.212 054.17
Balance sheet total (assets)1 522.236 202.005 129.535 029.474 252.96
Net debt- 164.73-4 167.49- 596.28-1 290.05- 485.75
Profitability
EBIT-%
ROA17.0 %57.6 %32.5 %33.1 %46.0 %
ROE31.0 %116.7 %66.4 %70.0 %88.3 %
ROI40.4 %151.5 %87.5 %88.4 %110.2 %
Economic value added (EVA)132.001 678.621 276.591 109.171 514.11
Solvency
Equity ratio47.5 %35.7 %38.9 %41.3 %48.3 %
Gearing6.9 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.61.62.11.9
Current ratio1.91.61.61.51.9
Cash and cash equivalents164.734 167.49596.281 406.71500.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:46.0%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.3%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Director
Chairman of the board

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