AVANADE DENMARK A/S

AVANADE DENMARK A/S (CVR number: 20646330) is a company from KØBENHAVN. The company reported a net sales of 217.4 mDKK in 2023, demonstrating a growth of 1.4 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 9.4 mDKK), while net earnings were 8172 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AVANADE DENMARK A/S's liquidity measured by quick ratio was 1.9 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.