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AVANADE DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AVANADE DENMARK A/S
AVANADE DENMARK A/S (CVR number: 20646330) is a company from KØBENHAVN. The company reported a net sales of 139 mDKK in 2025, demonstrating a decline of -28.6 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 7.1 mDKK), while net earnings were 22.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AVANADE DENMARK A/S's liquidity measured by quick ratio was 5.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 182.50 | 214.48 | 217.40 | 194.67 | 138.96 |
| Gross profit | 182.50 | 92.74 | 99.42 | 85.08 | 52.28 |
| EBIT | 12.06 | 14.55 | 9.42 | 8.22 | 7.08 |
| Net earnings | 9.35 | 11.57 | 8.17 | 6.06 | 22.19 |
| Shareholders equity total | 69.36 | 55.94 | 64.11 | 70.17 | 92.36 |
| Balance sheet total (assets) | 106.98 | 84.66 | 105.79 | 90.61 | 111.47 |
| Net debt | 6.35 | 17.79 | 1.88 | 4.13 | |
| Profitability | |||||
| EBIT-% | 6.6 % | 6.8 % | 4.3 % | 4.2 % | 5.1 % |
| ROA | 9.4 % | 17.5 % | 12.4 % | 9.9 % | 20.3 % |
| ROE | 10.4 % | 18.5 % | 13.6 % | 9.0 % | 27.3 % |
| ROI | 13.2 % | 24.7 % | 15.7 % | 12.0 % | 23.3 % |
| Economic value added (EVA) | 13.93 | 13.14 | 4.10 | 0.93 | 4.33 |
| Solvency | |||||
| Equity ratio | 33.0 % | 66.1 % | 60.7 % | 77.4 % | 82.9 % |
| Gearing | 15.3 % | 35.2 % | 6.6 % | 10.1 % | |
| Relative net indebtedness % | 19.6 % | 12.4 % | 17.0 % | 9.1 % | 10.0 % |
| Liquidity | |||||
| Quick ratio | 2.1 | 2.0 | 1.9 | 3.3 | 5.8 |
| Current ratio | 2.1 | 2.0 | 1.9 | 3.3 | 5.8 |
| Cash and cash equivalents | 2.23 | 4.78 | 2.75 | 5.17 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 8.5 | 7.3 | 1.1 | 0.1 | |
| Net working capital % | 22.2 % | 12.8 % | 16.4 % | 21.3 % | 66.5 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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