DRYINGMATE ApS

CVR number: 32317693
Nylandsvej 36, 6940 Lem St
info@dryingmate.com
tel: 28886191
www.dryingmate.com

Credit rating

Company information

Official name
DRYINGMATE ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About DRYINGMATE ApS

DRYINGMATE ApS (CVR number: 32317693) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 787.5 kDKK in 2023. The operating profit was 91.7 kDKK, while net earnings were 64.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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. DRYINGMATE ApS's liquidity measured by quick ratio was 2.9 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
20192020202120222023
Volume
Net sales
Gross profit460.891.84962.05787.52
EBIT-80.85-64.35412.6391.70
Net earnings-73.87-64.49285.0664.91
Shareholders equity total343.511 039.021 324.091 389.00
Balance sheet total (assets)1 109.531 238.002 735.552 120.43
Net debt408.97-1 101.04-1 742.06- 374.56
Profitability
EBIT-%
ROA-5.6 %-5.2 %20.9 %4.2 %
ROE-19.4 %-6.2 %24.1 %4.8 %
ROI-13.1 %-6.2 %35.1 %7.5 %
Economic value added (EVA)-39.11-0.18-50.48320.3192.36
Solvency
Equity ratio36.5 %98.0 %54.2 %67.5 %
Gearing119.1 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.058.82.42.9
Current ratio1.56.21.92.9
Cash and cash equivalents1 101.041 742.06386.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:4.23%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.5%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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