DET ADMINISTRATIVE FÆLLESSKAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DET ADMINISTRATIVE FÆLLESSKAB ApS
DET ADMINISTRATIVE FÆLLESSKAB ApS (CVR number: 32306357) is a company from KØBENHAVN. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -6.6 % compared to the previous year. The operating profit percentage was poor at -9 % (EBIT: -0.1 mDKK), while net earnings were -54.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -19.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DET ADMINISTRATIVE FÆLLESSKAB ApS's liquidity measured by quick ratio was 1.8 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 733.63 | 847.23 | 944.48 | 895.49 | 836.19 |
Gross profit | 350.64 | 610.20 | 729.50 | 685.28 | 611.84 |
EBIT | - 356.91 | - 192.67 | - 156.53 | - 146.65 | -75.50 |
Net earnings | - 286.30 | - 150.71 | - 122.93 | - 110.60 | -54.62 |
Shareholders equity total | - 263.43 | 165.86 | 292.93 | 182.34 | 377.71 |
Balance sheet total (assets) | 422.65 | 698.25 | 958.05 | 726.44 | 861.81 |
Net debt | 410.59 | - 173.58 | - 374.28 | -79.09 | - 468.49 |
Profitability | |||||
EBIT-% | -48.6 % | -22.7 % | -16.6 % | -16.4 % | -9.0 % |
ROA | -48.1 % | -26.8 % | -18.4 % | -16.4 % | -8.0 % |
ROE | -128.5 % | -51.2 % | -53.6 % | -46.5 % | -19.5 % |
ROI | -119.2 % | -43.8 % | -40.3 % | -38.7 % | -12.9 % |
Economic value added (EVA) | - 274.42 | - 133.75 | - 116.78 | - 104.44 | -58.13 |
Solvency | |||||
Equity ratio | -38.4 % | 23.8 % | 30.6 % | 25.1 % | 43.8 % |
Gearing | -179.5 % | 62.3 % | 39.8 % | 67.6 % | 79.5 % |
Relative net indebtedness % | 85.0 % | 30.2 % | 18.5 % | 38.2 % | -34.0 % |
Liquidity | |||||
Quick ratio | 0.6 | 1.5 | 1.4 | 1.3 | 1.8 |
Current ratio | 0.6 | 1.5 | 1.4 | 1.3 | 1.8 |
Cash and cash equivalents | 62.23 | 276.87 | 490.74 | 202.33 | 768.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.8 | 14.8 | 11.9 | 17.7 | 34.0 |
Net working capital % | -32.4 % | 28.8 % | 31.0 % | 20.4 % | 45.2 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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