ADIDAS DANMARK A/S

ADIDAS DANMARK A/S (CVR number: 20754788) is a company from SILKEBORG. The company recorded a gross profit of 45.6 mDKK in 2023. The operating profit was 15.1 mDKK, while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 54.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ADIDAS DANMARK A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.