PadelBox Drift A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PadelBox Drift A/S
PadelBox Drift A/S (CVR number: 42451576) is a company from KOLDING. The company reported a net sales of 4.7 mDKK in 2023, demonstrating a decline of -22.4 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 4.7 mDKK), while net earnings were 4868.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 70.9 %, which can be considered excellent and Return on Equity (ROE) was 82.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PadelBox Drift A/S's liquidity measured by quick ratio was 3.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 3 212.07 | 6 117.85 | 4 748.12 |
Gross profit | 3 010.57 | 6 043.43 | 4 706.31 |
EBIT | 3 010.57 | 6 043.43 | 4 706.31 |
Net earnings | 3 036.35 | 6 087.68 | 4 868.45 |
Shareholders equity total | 3 436.35 | 6 487.68 | 5 268.45 |
Balance sheet total (assets) | 5 054.64 | 6 542.68 | 7 468.30 |
Net debt | 1 053.56 | 4.90 | 2 172.41 |
Profitability | |||
EBIT-% | 93.7 % | 98.8 % | 99.1 % |
ROA | 59.6 % | 105.7 % | 70.9 % |
ROE | 88.4 % | 122.7 % | 82.8 % |
ROI | 60.7 % | 106.7 % | 71.0 % |
Economic value added (EVA) | 3 060.53 | 5 906.94 | 4 356.57 |
Solvency | |||
Equity ratio | 68.0 % | 99.2 % | 70.5 % |
Gearing | 44.4 % | 0.6 % | 41.5 % |
Relative net indebtedness % | 35.7 % | 0.3 % | 46.1 % |
Liquidity | |||
Quick ratio | 3.1 | 116.4 | 3.4 |
Current ratio | 3.1 | 116.4 | 3.4 |
Cash and cash equivalents | 470.53 | 35.10 | 12.44 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 104.4 % | 103.7 % | 111.0 % |
Credit risk | |||
Credit rating | BBB | BBB | BB |
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