Driver Driver ApS

APSBankruptAdvertising protection

CVR 38980718Torstilgårdsvej 90, 8381 TilstRepair and maintenance of consumer electronics· NACE 9521Est. 2017 · 9 years old16 employees

Overview

Driver Driver ApS is a Danish APS based in Tilst, operating in the Repair and maintenance of consumer electronics sector. Incorporated in 2017, the company has 16 employees and reported a gross profit of DKK 1.7m in its latest annual filing.

Gross profit 2020

1.7M DKK

+713% vs 2019

EBITDA margin (of gross profit)

28.9 %

+350% vs 2019

Net profit 2020

0.4M DKK

+308% vs 2019

Key ratios

See full ratios →

13.8 %

Weak

Among the 30% lowest rated companies in the industry

20182020

1.0×

Weak

Among the 40% lowest rated companies in the industry

20182020

23.1 %

Very strong

Among the 20% highest rated companies in the industry

20182020

EBITDA — year on year

DKK thousands

Key figures

Annual report 2020

Gross profit	1.7M DKK	+713%
EBITDA	0.5M DKK	+350%
Net profit	0.4M DKK	+308%
Total assets	1.8M DKK	+870%
Equity	0.3M DKK	+249%
Employees	16	—

Contact

Address

Torstilgårdsvej 90, 8381 Tilst

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2020), Driver Driver ApS reported a gross profit of DKK 1.7m, an increase of 713% on the year before. The figures on this page draw on 3 annual filings covering 2018 to 2020. The bottom line showed a net profit of DKK 418.0k, and the EBITDA margin stood at 28.9%.

At the end of 2020, equity financed 13.8% of the balance sheet, and current assets covered short-term debt 1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2020	2019	2018
Gross profit	1,692	208	42
Staff expenses	-1,132	-404	-56
EBITDA	489	-196	-14
Depreciation & amort.	-4	-0	-0
EBIT	486	-196	-14
Net financials	-10	-5	-1
Profit before tax	476	-201	-15
Tax	58	-0	-0
Net profit	418	-201	-15

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Balance sheet

DKK thousands

Item	2020	2019	2018
Total assets	1,810	186	226
Equity	250	-168	33
Long-term debt	0	0	0
Short-term debt	1,550	354	193
Total debt	1,550	354	193

Financial ratios

5-year trend

EBITDA margin (of gross profit)

28.9 %

20182020

Equity ratio

13.8 %

Weak

Among the 30% lowest rated companies in the industry

20182020

Return on equity

167.2 %

Very strong

Among the 10% highest rated companies in the industry

20182020

Net profit margin (of gross profit)

24.7 %

20182020

Asset turnover (of gross profit)

0.94×

20182020

Debt / equity

6.24×

Very weak

Among the 20% lowest rated companies in the industry

20182020

Sector performance

22 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 10% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 20% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 30% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioWeak

Among the 40% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 30% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 30% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 20% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 20% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtStrong

Among the 40% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 30% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 10% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in debtVery weak

Among the 10% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

Annual reports & filings

Annual report 2020
Filed via CVR / Virk · Period 2019-07-01 – 2020-06-30
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-07-01 – 2019-06-30
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2017-09-26 – 2018-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


AR Abdul Rahman El Sadek Management	Management	2017 – 2021

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Elsadek ApS	Company	100%	100%	2017

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

Elsadek ApS100%

Driver Driver ApS (this company)

Board network connections

Board members of Driver Driver ApS hold no positions in other companies.

Frequently asked questions

What is the CVR number of Driver Driver ApS?

Driver Driver ApS is registered with CVR / Virk under CVR 38980718.

What is the gross profit of Driver Driver ApS?

Driver Driver ApS reported a gross profit of DKK 1.7m in 2020.

How many employees does Driver Driver ApS have?

Driver Driver ApS employs 16 people as of the latest annual report.

Where is Driver Driver ApS headquartered?

Driver Driver ApS's registered address is Torstilgårdsvej 90, 2. th.