ABBVIE A/S — Credit Rating and Financial Key Figures

CVR number: 34462828
Titangade 11, 2200 København N

Credit rating

Company information

Official name
ABBVIE A/S
Personnel
51 persons
Established
2012
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ABBVIE A/S

ABBVIE A/S (CVR number: 34462828) is a company from KØBENHAVN. The company reported a net sales of 288.1 mDKK in 2023, demonstrating a growth of 1.1 % compared to the previous year. The operating profit percentage was at 5.7 % (EBIT: 16.5 mDKK), while net earnings were 13.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40.9 %, 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. ABBVIE 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales136.66183.93292.41285.04288.13
Gross profit136.66183.9375.0681.7077.19
EBIT6.779.4314.3015.0416.55
Net earnings4.816.9611.1912.2113.73
Shareholders equity total149.69156.65183.99196.2061.93
Balance sheet total (assets)220.54191.30236.84223.52151.29
Net debt-0.700.3357.29
Profitability
EBIT-%5.0 %5.1 %4.9 %5.3 %5.7 %
ROA3.2 %4.6 %6.9 %6.9 %10.6 %
ROE3.3 %4.5 %6.6 %6.4 %10.6 %
ROI3.2 %4.6 %7.4 %7.8 %12.5 %
Economic value added (EVA)-0.511.913.093.721.78
Solvency
Equity ratio100.0 %100.0 %77.7 %87.8 %40.9 %
Gearing14.1 %0.2 %92.5 %
Relative net indebtedness %9.0 %9.6 %31.0 %
Liquidity
Quick ratio4.48.11.6
Current ratio4.48.11.7
Cash and cash equivalents26.60
Capital use efficiency
Trade debtors turnover (days)67.667.0108.3
Net working capital %62.0 %68.0 %20.4 %
Credit risk
Credit ratingBBBAAAAAAA

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.9%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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