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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 641.9 mDKK in 2025, demonstrating a growth of 32.4 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 40.1 mDKK), while net earnings were 31.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 56.1 %, which can be considered excellent and Return on Equity (ROE) was 61.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.4 %, 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 3.5 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 | 165.32 | 243.74 | 358.49 | 484.71 | 641.90 |
| Gross profit | 31.63 | 37.86 | 45.49 | 67.58 | 76.68 |
| EBIT | 12.81 | 16.89 | 20.73 | 37.31 | 40.05 |
| Net earnings | 10.15 | 13.35 | 17.38 | 30.19 | 31.67 |
| Shareholders equity total | 14.53 | 27.95 | 30.33 | 45.52 | 57.19 |
| Balance sheet total (assets) | 57.18 | 43.97 | 50.73 | 70.02 | 79.00 |
| Net debt | 6.05 | -7.79 | |||
| Profitability | |||||
| EBIT-% | 7.7 % | 6.9 % | 5.8 % | 7.7 % | 6.2 % |
| ROA | 33.4 % | 33.4 % | 43.8 % | 65.6 % | 56.1 % |
| ROE | 107.4 % | 62.9 % | 59.6 % | 79.6 % | 61.7 % |
| ROI | 33.4 % | 33.4 % | 43.8 % | 77.4 % | 76.9 % |
| Economic value added (EVA) | 12.59 | 16.16 | 19.32 | 27.07 | 28.27 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 65.0 % | 72.4 % |
| Gearing | 13.3 % | ||||
| Relative net indebtedness % | 5.1 % | 2.2 % | |||
| Liquidity | |||||
| Quick ratio | 2.8 | 3.5 | |||
| Current ratio | 2.8 | 3.5 | |||
| Cash and cash equivalents | 7.79 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 29.9 | 30.1 | |||
| Net working capital % | 9.0 % | 8.6 % | |||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
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