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

CVR number: 20754788
Adidasvej 1, Knudlund 8653 Them
Free credit report Annual report

Credit rating

Company information

Official name
ADIDAS DANMARK A/S
Personnel
40 persons
Established
1998
Domicile
Knudlund
Company form
Limited company
Industry

About ADIDAS DANMARK A/S

ADIDAS DANMARK A/S (CVR number: 20754788) is a company from SILKEBORG. The company recorded a gross profit of 36.7 mDKK in 2024. The operating profit was 13.2 mDKK, while net earnings were 9343.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 42.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.7 %, 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 1.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit44 318.0047 587.0047 302.0045 643.6836 700.70
EBIT13 255.0015 379.0015 693.0015 132.0013 231.00
Net earnings11 722.0010 912.0012 062.0011 506.279 343.57
Shareholders equity total21 024.0019 936.0021 498.0021 003.8323 347.40
Balance sheet total (assets)144 613.00141 885.00107 378.0089 445.5087 379.23
Net debt16 248.92- 172.70
Profitability
EBIT-%
ROA8.8 %10.7 %12.6 %15.8 %15.1 %
ROE58.1 %53.3 %58.2 %54.1 %42.1 %
ROI8.8 %10.7 %12.6 %19.1 %26.2 %
Economic value added (EVA)12 285.0714 322.5414 691.2210 689.977 463.46
Solvency
Equity ratio100.0 %100.0 %100.0 %23.5 %26.7 %
Gearing84.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.6
Current ratio1.41.7
Cash and cash equivalents1 426.99172.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:15.1%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.7%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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