AD DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AD DANMARK A/S
AD DANMARK A/S (CVR number: 12048033) is a company from MIDDELFART. The company reported a net sales of 484.7 mDKK in 2024, demonstrating a growth of 35.2 % compared to the previous year. The operating profit percentage was at 7.7 % (EBIT: 37.3 mDKK), while net earnings were 30.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 65.6 %, which can be considered excellent and Return on Equity (ROE) was 79.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65 %, 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. AD DANMARK A/S's liquidity measured by quick ratio was 2.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 119.84 | 165.32 | 243.74 | 358.49 | 484.71 |
Gross profit | 24.80 | 31.63 | 37.86 | 45.49 | 67.58 |
EBIT | 8.80 | 12.81 | 16.89 | 20.73 | 37.31 |
Net earnings | 6.68 | 10.15 | 13.35 | 17.38 | 30.19 |
Shareholders equity total | 4.37 | 14.53 | 27.95 | 30.33 | 45.52 |
Balance sheet total (assets) | 19.47 | 57.18 | 43.97 | 50.73 | 70.02 |
Net debt | 5.04 | 6.05 | |||
Profitability | |||||
EBIT-% | 7.3 % | 7.7 % | 6.9 % | 5.8 % | 7.7 % |
ROA | 23.7 % | 33.4 % | 33.4 % | 47.6 % | 65.6 % |
ROE | 40.4 % | 107.4 % | 62.9 % | 59.6 % | 79.6 % |
ROI | 25.4 % | 33.4 % | 33.4 % | 56.8 % | 91.1 % |
Economic value added (EVA) | 7.65 | 12.59 | 16.16 | 14.67 | 26.82 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 59.8 % | 65.0 % |
Gearing | 16.6 % | 13.3 % | |||
Relative net indebtedness % | 5.7 % | 5.1 % | |||
Liquidity | |||||
Quick ratio | 2.5 | 2.8 | |||
Current ratio | 2.5 | 2.8 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.1 | 29.9 | |||
Net working capital % | 8.4 % | 9.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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