Drive Academy ApS — Credit Rating and Financial Key Figures

Drive Academy ApS (CVR number: 41658614) is a company from AARHUS. The company recorded a gross profit of 389.1 kDKK in 2023. The operating profit was 87 kDKK, while net earnings were 66.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 172.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Drive Academy ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.