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

CVR number: 38564455
Stensmosevej 24 P, 2620 Albertslund
www.egdrive.dk

Credit rating

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 1710.1 kDKK in 2023. The operating profit was 1550.7 kDKK, while net earnings were 1291.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.1 %, which can be considered excellent and Return on Equity (ROE) was 70 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.3 %, 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 2.1 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 profit315.42434.992 672.062 735.111 710.12
EBIT251.77215.492 203.991 786.341 550.72
Net earnings217.88223.201 712.521 396.281 291.21
Shareholders equity total717.88723.202 212.521 996.281 691.21
Balance sheet total (assets)1 906.181 522.236 202.005 129.535 029.47
Net debt- 629.38- 164.73-4 167.49- 596.28-1 290.05
Profitability
EBIT-%
ROA12.0 %17.0 %57.6 %32.5 %33.1 %
ROE17.5 %31.0 %116.7 %66.4 %70.0 %
ROI22.0 %40.4 %151.5 %87.5 %88.4 %
Economic value added (EVA)222.60163.631 686.901 486.011 058.10
Solvency
Equity ratio37.7 %47.5 %35.7 %38.9 %41.3 %
Gearing6.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.91.61.62.1
Current ratio1.61.91.61.61.5
Cash and cash equivalents629.38164.734 167.49596.281 406.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:33.1%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.3%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

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