Advanced Bionics Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Advanced Bionics Denmark ApS
Advanced Bionics Denmark ApS (CVR number: 37576492) is a company from VALLENSBÆK. The company recorded a gross profit of 4429.2 kDKK in 2023. The operating profit was 35.5 kDKK, while net earnings were -136.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.1 %, 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. Advanced Bionics Denmark ApS's liquidity measured by quick ratio was 2.2 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 | 4 866.59 | 5 724.10 | 8 076.10 | 4 475.84 | 4 429.15 |
EBIT | 734.46 | 419.69 | 4 534.89 | 283.84 | 35.46 |
Net earnings | 567.74 | 327.25 | 3 536.16 | 448.58 | - 136.79 |
Shareholders equity total | 338.24 | 665.49 | 4 201.65 | 4 650.23 | 4 513.44 |
Balance sheet total (assets) | 5 770.35 | 6 398.40 | 10 005.03 | 7 050.22 | 6 826.67 |
Net debt | 1 662.08 | 1 448.27 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 11.8 % | 6.9 % | 55.3 % | 3.3 % | 0.5 % |
ROE | 16.7 % | 65.2 % | 145.3 % | 10.1 % | -3.0 % |
ROI | 20.7 % | 17.6 % | 134.7 % | 6.4 % | 0.8 % |
Economic value added (EVA) | 660.23 | 390.50 | 3 583.12 | 70.80 | - 128.09 |
Solvency | |||||
Equity ratio | 8.5 % | 10.5 % | 42.0 % | 66.0 % | 66.1 % |
Gearing | 491.4 % | 217.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.0 | 1.5 | 2.3 | 2.2 |
Current ratio | 1.1 | 1.2 | 1.7 | 2.9 | 2.9 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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