DRIVE SAFE SKANDINAVIA ApS — Credit Rating and Financial Key Figures

CVR number: 35037578
Niels Anesens Vej 20, 9381 Sulsted
info@drive-safe.dk
tel: 40544199
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Company information

Official name
DRIVE SAFE SKANDINAVIA ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry

About DRIVE SAFE SKANDINAVIA ApS

DRIVE SAFE SKANDINAVIA ApS (CVR number: 35037578) is a company from AALBORG. The company recorded a gross profit of 188.2 kDKK in 2019. The operating profit was -36.7 kDKK, while net earnings were -35 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.1 %, which can be considered poor and Return on Equity (ROE) was -65.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.5 %, 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. DRIVE SAFE SKANDINAVIA 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
2016
2017
2018
2019
Volume
Net sales
Gross profit189.69441.81325.43188.25
EBIT11.35-28.2962.11-36.74
Net earnings8.57-22.5748.02-35.05
Shareholders equity total45.3022.7370.7535.70
Balance sheet total (assets)101.4394.34142.4078.44
Net debt-23.29-29.44-70.98-52.95
Profitability
EBIT-%
ROA11.2 %-28.9 %52.5 %-31.1 %
ROE18.9 %-66.4 %102.7 %-65.9 %
ROI25.1 %-83.2 %132.9 %-64.5 %
Economic value added (EVA)8.57-23.3948.36-37.46
Solvency
Equity ratio44.7 %24.1 %49.7 %45.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.41.01.71.8
Current ratio1.81.32.01.8
Cash and cash equivalents23.2929.4470.9852.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-31.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.5%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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