Driving Digital Innovation ApS — Credit Rating and Financial Key Figures

CVR number: 36933127
Frederikkevej 2 C, 2900 Hellerup
michael@ttddi.com
tel: 60650740

Credit rating

Company information

Official name
Driving Digital Innovation ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About Driving Digital Innovation ApS

Driving Digital Innovation ApS (CVR number: 36933127) is a company from GENTOFTE. The company recorded a gross profit of 944.8 kDKK in 2023. The operating profit was 101.3 kDKK, while net earnings were 67.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. Driving Digital Innovation ApS'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 profit593.30694.24467.381 267.43944.76
EBIT- 158.4320.37- 249.93479.53101.29
Net earnings- 159.0620.09- 253.56441.1267.67
Shareholders equity total144.46164.55-89.01352.10419.77
Balance sheet total (assets)278.21506.99388.06651.57780.34
Net debt- 219.43- 366.18- 328.87- 206.21- 411.51
Profitability
EBIT-%
ROA-27.6 %5.2 %-50.8 %85.0 %14.1 %
ROE-71.0 %13.0 %-91.8 %119.2 %17.5 %
ROI-65.1 %12.3 %-242.6 %235.7 %23.4 %
Economic value added (EVA)- 139.7524.24- 238.86467.4565.21
Solvency
Equity ratio51.9 %32.5 %-18.7 %54.0 %53.8 %
Gearing1.5 %11.4 %-25.6 %9.1 %14.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.40.82.12.1
Current ratio2.11.40.82.12.1
Cash and cash equivalents221.57384.93351.64238.29472.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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