FONDEN ADBC — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN ADBC
FONDEN ADBC (CVR number: 32776191) is a company from KØBENHAVN. The company reported a net sales of 21.4 mDKK in 2024, demonstrating a growth of 40.8 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 0.6 mDKK), while net earnings were 489.2 kDKK. 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 33.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.9 %, 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. FONDEN ADBC'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 876.78 | 12 967.61 | 14 600.38 | 15 232.18 | 21 439.57 |
Gross profit | 4 970.20 | 6 535.45 | 6 611.50 | 6 015.88 | 8 832.50 |
EBIT | 44.72 | 1 095.69 | 45.82 | 44.48 | 607.49 |
Net earnings | 23.18 | 826.56 | 50.02 | 101.20 | 489.20 |
Shareholders equity total | 682.37 | 1 508.93 | 1 414.90 | 1 207.70 | 1 696.90 |
Balance sheet total (assets) | 3 921.71 | 4 684.18 | 3 314.36 | 3 617.14 | 4 054.60 |
Net debt | -3 271.41 | -2 029.91 | - 789.01 | - 960.59 | -1 107.60 |
Profitability | |||||
EBIT-% | 0.5 % | 8.4 % | 0.3 % | 0.3 % | 2.8 % |
ROA | 1.4 % | 25.5 % | 1.1 % | 1.3 % | 15.8 % |
ROE | 3.5 % | 75.4 % | 3.4 % | 7.7 % | 33.7 % |
ROI | 6.7 % | 94.0 % | 2.9 % | 3.2 % | 38.7 % |
Economic value added (EVA) | 0.37 | 819.84 | -50.37 | -45.35 | 428.50 |
Solvency | |||||
Equity ratio | 17.4 % | 32.2 % | 42.7 % | 33.4 % | 41.9 % |
Gearing | |||||
Relative net indebtedness % | -0.4 % | 7.7 % | 6.8 % | 9.1 % | 5.0 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.5 | 1.9 | 1.4 | 1.6 |
Current ratio | 1.2 | 1.5 | 1.9 | 1.4 | 1.6 |
Cash and cash equivalents | 3 271.41 | 2 029.91 | 789.01 | 960.59 | 1 107.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.7 | 1.0 | 2.5 | 5.6 | 7.7 |
Net working capital % | 6.2 % | 11.6 % | 10.4 % | 6.5 % | 6.2 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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