AVIDENZ A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AVIDENZ A/S
AVIDENZ A/S (CVR number: 28124341) is a company from ODENSE. The company recorded a gross profit of 15.6 mDKK in 2023. The operating profit was -58.4 kDKK, while net earnings were 844.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75 %, 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. AVIDENZ A/S's liquidity measured by quick ratio was 3.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 14 046.69 | 14 968.25 | 14 985.33 | 15 435.28 | 15 593.55 |
EBIT | 36.20 | 599.60 | 1 016.63 | 794.66 | -58.38 |
Net earnings | 698.18 | 927.89 | 1 301.80 | - 835.19 | 844.27 |
Shareholders equity total | 16 070.14 | 16 973.03 | 18 249.83 | 17 414.64 | 18 258.91 |
Balance sheet total (assets) | 21 411.44 | 26 126.49 | 23 849.97 | 23 077.77 | 24 356.07 |
Net debt | -15 438.70 | -19 081.88 | -17 384.60 | -17 786.53 | -20 189.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.4 % | 4.8 % | 6.8 % | 3.5 % | 4.6 % |
ROE | 4.4 % | 5.6 % | 7.4 % | -4.7 % | 4.7 % |
ROI | 4.6 % | 6.8 % | 9.7 % | 4.6 % | 6.1 % |
Economic value added (EVA) | 35.34 | 528.45 | 952.26 | 621.83 | 10.09 |
Solvency | |||||
Equity ratio | 75.1 % | 65.0 % | 76.5 % | 75.5 % | 75.0 % |
Gearing | 0.1 % | 0.1 % | 0.1 % | 0.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 2.4 | 3.6 | 3.6 | 3.6 |
Current ratio | 3.4 | 2.4 | 3.6 | 3.6 | 3.6 |
Cash and cash equivalents | 15 438.70 | 19 094.13 | 17 396.85 | 17 798.78 | 20 199.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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