DRIVADAN A/S — Credit Rating and Financial Key Figures

CVR number: 21270075
Gørtlervej 6, 5471 Søndersø
info@drivadan.dk
tel: 64892515
https://www.drivadan.dk

Company information

Official name
DRIVADAN A/S
Personnel
19 persons
Established
1998
Company form
Limited company
Industry

About DRIVADAN A/S

DRIVADAN A/S (CVR number: 21270075) is a company from NORDFYNS. The company recorded a gross profit of 13.5 mDKK in 2023. The operating profit was 3893.6 kDKK, while net earnings were 2930.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.3 %, which can be considered excellent and Return on Equity (ROE) was 67.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DRIVADAN A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit18 441.0019 521.0016 754.0015 608.0013 498.83
EBIT8 248.008 233.005 486.005 945.003 893.63
Net earnings6 349.006 336.004 203.004 562.002 930.63
Shareholders equity total6 949.006 936.004 803.005 162.003 530.63
Balance sheet total (assets)13 001.0013 676.0012 338.009 912.009 926.80
Net debt-6 515.00-5 293.00-1 393.00-2 782.00-1 737.78
Profitability
EBIT-%
ROA70.4 %61.7 %42.2 %53.5 %39.3 %
ROE106.0 %91.3 %71.6 %91.6 %67.4 %
ROI127.7 %100.7 %71.1 %97.2 %72.2 %
Economic value added (EVA)6 364.406 397.624 269.444 517.922 918.03
Solvency
Equity ratio55.4 %55.3 %45.0 %56.0 %38.9 %
Gearing20.6 %21.4 %24.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.21.82.11.4
Current ratio2.22.11.72.21.6
Cash and cash equivalents6 515.006 721.002 420.002 782.002 602.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:39.3%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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