DRYINGMATE ApS — Credit Rating and Financial Key Figures

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

About DRYINGMATE ApS

DRYINGMATE ApS (CVR number: 32317693) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1028.9 kDKK in 2024. The operating profit was 293.4 kDKK, while net earnings were 188 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 46.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DRYINGMATE ApS's liquidity measured by quick ratio was 1.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1.84962.05787.521 028.87
EBIT-64.35412.6391.70293.37
Net earnings-64.49285.0664.91188.01
Shareholders equity total1 039.021 324.091 389.001 577.01
Balance sheet total (assets)1 238.002 735.552 120.433 383.80
Net debt-1 101.04-1 742.06- 374.56-2 189.15
Profitability
EBIT-%
ROA-5.2 %20.9 %4.2 %11.0 %
ROE-6.2 %24.1 %4.8 %12.7 %
ROI-6.2 %35.1 %7.5 %20.4 %
Economic value added (EVA)-37.81-50.48264.984.82157.65
Solvency
Equity ratio98.0 %54.2 %67.5 %46.6 %
Gearing0.8 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio58.82.42.91.8
Current ratio6.21.92.91.9
Cash and cash equivalents1 101.041 742.06386.042 192.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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