DRIVE SAFE SKANDINAVIA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 189.69 | 441.81 | 325.43 | 188.25 |
EBIT | 11.35 | -28.29 | 62.11 | -36.74 |
Net earnings | 8.57 | -22.57 | 48.02 | -35.05 |
Shareholders equity total | 45.30 | 22.73 | 70.75 | 35.70 |
Balance sheet total (assets) | 101.43 | 94.34 | 142.40 | 78.44 |
Net debt | -23.29 | -29.44 | -70.98 | -52.95 |
Profitability | ||||
EBIT-% | ||||
ROA | 11.2 % | -28.9 % | 52.5 % | -31.1 % |
ROE | 18.9 % | -66.4 % | 102.7 % | -65.9 % |
ROI | 25.1 % | -83.2 % | 132.9 % | -64.5 % |
Economic value added (EVA) | 8.57 | -23.39 | 48.36 | -37.46 |
Solvency | ||||
Equity ratio | 44.7 % | 24.1 % | 49.7 % | 45.5 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.4 | 1.0 | 1.7 | 1.8 |
Current ratio | 1.8 | 1.3 | 2.0 | 1.8 |
Cash and cash equivalents | 23.29 | 29.44 | 70.98 | 52.95 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | B |
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