Drift & Development A/S — Credit Rating and Financial Key Figures

Drift & Development A/S (CVR number: 33599102) is a company from KØBENHAVN. The company recorded a gross profit of 5948.7 kDKK in 2020. The operating profit was -954.1 kDKK, while net earnings were -1066.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Drift & Development A/S'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.