Drift 2012.01 ApS — Credit Rating and Financial Key Figures

CVR number: 30607821
Metalgangen 9 A, 2690 Karlslunde
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Credit rating

Company information

Official name
Drift 2012.01 ApS
Established
2007
Company form
Private limited company
Industry

About Drift 2012.01 ApS

Drift 2012.01 ApS (CVR number: 30607821) is a company from GREVE. The company recorded a gross profit of 19.5 mDKK in 2017. The operating profit was 96.3 kDKK, while net earnings were -90.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -21.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.3 %, 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. Drift 2012.01 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit22 593.2719 543.33
EBIT1 157.0196.31
Net earnings669.32-90.56
Shareholders equity total464.38373.81
Balance sheet total (assets)9 483.7616 007.32
Net debt108.482 459.63
Profitability
EBIT-%
ROA12.2 %0.9 %
ROE144.1 %-21.6 %
ROI124.7 %5.7 %
Economic value added (EVA)840.5360.78
Solvency
Equity ratio4.9 %2.3 %
Gearing90.8 %659.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.6
Current ratio0.50.6
Cash and cash equivalents313.104.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:0.88%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.34%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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