Drio ApS — Credit Rating and Financial Key Figures

Drio ApS (CVR number: 41480912) is a company from HOLBÆK. The company recorded a gross profit of -59 kDKK in 2023. The operating profit was 55.1 kDKK, while net earnings were 51.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was 24.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -96.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Drio ApS's liquidity measured by quick ratio was 5.8 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.