Driveoff International ApS

Driveoff International ApS (CVR number: 26010330) is a company from GLADSAXE. The company recorded a gross profit of -45.1 kDKK in 2019. The operating profit was -45.1 kDKK, while net earnings were -47.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.8 %, which can be considered poor and Return on Equity (ROE) was -15.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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. Driveoff International ApS's liquidity measured by quick ratio was 1.6 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.