ADD Property A/S — Credit Rating and Financial Key Figures

CVR number: 43100440
Bybjergvej 13, Trørød 3060 Espergærde
tel: 42211111

Company information

Official name
ADD Property A/S
Established
2022
Domicile
Trørød
Company form
Limited company
Industry

About ADD Property A/S

ADD Property A/S (CVR number: 43100440) is a company from HELSINGØR. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 30.7 % compared to the previous year. The operating profit percentage was at 55.1 % (EBIT: 0.3 mDKK), while net earnings were 239.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 50.3 %, 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. ADD Property A/S's liquidity measured by quick ratio was 2.6 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
2022
2023
Volume
Net sales393.18514.08
Gross profit133.53285.13
EBIT131.74283.34
Net earnings183.28239.14
Shareholders equity total3 369.983 359.12
Balance sheet total (assets)6 749.926 677.49
Net debt3 323.783 198.04
Profitability
EBIT-%33.5 %55.1 %
ROA4.1 %6.7 %
ROE5.4 %7.1 %
ROI4.1 %6.7 %
Economic value added (EVA)102.76-99.09
Solvency
Equity ratio49.9 %50.3 %
Gearing98.6 %95.2 %
Relative net indebtedness %850.1 %628.6 %
Liquidity
Quick ratio3.52.6
Current ratio3.52.6
Cash and cash equivalents0.421.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %214.1 %120.1 %
Credit risk
Credit ratingAA

Variable visualization

ROA:6.71%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.3%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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