DriversChoice ApS — Credit Rating and Financial Key Figures

CVR number: 40687335
Ranunkelvangen 17, 2680 Solrød Strand

Credit rating

Company information

Official name
DriversChoice ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About DriversChoice ApS

DriversChoice ApS (CVR number: 40687335) is a company from SOLRØD. The company recorded a gross profit of -24.9 kDKK in 2020. The operating profit was -17.2 kDKK, while net earnings were -15.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.4 %, which can be considered poor and Return on Equity (ROE) was -99.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.7 %, 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. DriversChoice ApS's liquidity measured by quick ratio was 1.7 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
2019
2020
Volume
Net sales
Gross profit-17.00-24.95
EBIT-17.00-17.25
Net earnings-17.00-15.14
Shareholders equity total23.007.50
Balance sheet total (assets)35.0017.96
Net debt-35.00-14.96
Profitability
EBIT-%
ROA-48.6 %-27.4 %
ROE-73.9 %-99.3 %
ROI-73.9 %-47.5 %
Economic value added (EVA)-17.00-16.65
Solvency
Equity ratio65.7 %41.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.91.7
Current ratio2.91.7
Cash and cash equivalents35.0014.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-27.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.7%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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