AD DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 12048033
Stensgårdvej 1, 5500 Middelfart
tel: 75211009
www.addanmark.dk

Credit rating

Company information

Official name
AD DANMARK A/S
Personnel
71 persons
Established
1988
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About AD DANMARK A/S

AD DANMARK A/S (CVR number: 12048033) is a company from MIDDELFART. The company recorded a gross profit of 45.5 mDKK in 2023. The operating profit was 20.7 mDKK, while net earnings were 17.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 47.6 %, which can be considered excellent and Return on Equity (ROE) was 59.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. AD DANMARK A/S's liquidity measured by quick ratio was 17.3 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
20192020202120222023
Volume
Net sales
Gross profit18 762.8424 799.5531 574.5537 858.0045 489.00
EBIT-3 612.838 801.0012 810.1216 889.0020 727.00
Net earnings-3 208.726 677.4710 152.8613 354.0017 379.00
Shareholders equity total-26 303.834 373.6414 526.5027 950.0030 329.00
Balance sheet total (assets)28 641.1119 473.3957 178.7143 973.0050 728.00
Net debt49 274.172 964.331 434.213 669.005 036.00
Profitability
EBIT-%
ROA-5.2 %24.3 %34.3 %34.5 %47.6 %
ROE-8.3 %40.5 %107.4 %62.9 %59.6 %
ROI-5.7 %29.5 %43.5 %37.0 %45.9 %
Economic value added (EVA)-1 654.938 166.469 902.0014 008.6414 665.76
Solvency
Equity ratio-47.9 %22.5 %25.4 %63.6 %59.8 %
Gearing-187.4 %135.4 %229.6 %13.1 %16.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.31.31.418.317.3
Current ratio0.51.31.418.317.3
Cash and cash equivalents24.912 959.0831 918.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBBBBB

Variable visualization

ROA:47.6%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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