Driver Driver ApS — Credit Rating and Financial Key Figures

Driver Driver ApS (CVR number: 38980718) is a company from AARHUS. The company recorded a gross profit of 1692.2 kDKK in 2019. The operating profit was 485.6 kDKK, while net earnings were 418 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.9 %, which can be considered excellent and Return on Equity (ROE) was 191.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.8 %, 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. Driver Driver ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.