ABBVIE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 136.66 | 183.93 | 292.41 | 285.04 | 288.13 |
Gross profit | 136.66 | 183.93 | 75.06 | 81.70 | 77.19 |
EBIT | 6.77 | 9.43 | 14.30 | 15.04 | 16.55 |
Net earnings | 4.81 | 6.96 | 11.19 | 12.21 | 13.73 |
Shareholders equity total | 149.69 | 156.65 | 183.99 | 196.20 | 61.93 |
Balance sheet total (assets) | 220.54 | 191.30 | 236.84 | 223.52 | 151.29 |
Net debt | -0.70 | 0.33 | 57.29 | ||
Profitability | |||||
EBIT-% | 5.0 % | 5.1 % | 4.9 % | 5.3 % | 5.7 % |
ROA | 3.2 % | 4.6 % | 6.9 % | 6.9 % | 10.6 % |
ROE | 3.3 % | 4.5 % | 6.6 % | 6.4 % | 10.6 % |
ROI | 3.2 % | 4.6 % | 7.4 % | 7.8 % | 12.5 % |
Economic value added (EVA) | -0.51 | 1.91 | 3.09 | 3.72 | 1.78 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 77.7 % | 87.8 % | 40.9 % |
Gearing | 14.1 % | 0.2 % | 92.5 % | ||
Relative net indebtedness % | 9.0 % | 9.6 % | 31.0 % | ||
Liquidity | |||||
Quick ratio | 4.4 | 8.1 | 1.6 | ||
Current ratio | 4.4 | 8.1 | 1.7 | ||
Cash and cash equivalents | 26.60 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 67.6 | 67.0 | 108.3 | ||
Net working capital % | 62.0 % | 68.0 % | 20.4 % | ||
Credit risk | |||||
Credit rating | BBB | A | AA | AA | AA |
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