Ådum Gasmotor ApS — Credit Rating and Financial Key Figures

CVR number: 40399380
Skolegade 23, 6880 Tarm

Company information

Official name
Ådum Gasmotor ApS
Established
2019
Company form
Private limited company
Industry

About Ådum Gasmotor ApS

Ådum Gasmotor ApS (CVR number: 40399380) is a company from RINGKØBING-SKJERN. The company reported a net sales of 0.1 mDKK in 2021, demonstrating a decline of -67 % compared to the previous year. The operating profit percentage was poor at -38.7 % (EBIT: -0 mDKK), while net earnings were -20.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.2 %, which can be considered poor and Return on Equity (ROE) was -32.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ådum Gasmotor ApS's liquidity measured by quick ratio was 12.5 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
Volume
Net sales323.08159.6852.64
Gross profit17.689.80-15.34
EBIT3.63-0.50-20.38
Net earnings1.88-2.17-20.74
Shareholders equity total76.8874.7053.97
Balance sheet total (assets)385.21145.3756.06
Net debt-79.82-8.89-17.54
Profitability
EBIT-%1.1 %-0.3 %-38.7 %
ROA0.9 %-0.2 %-20.2 %
ROE2.4 %-2.9 %-32.2 %
ROI1.2 %-0.3 %-28.7 %
Economic value added (EVA)3.6310.90-23.04
Solvency
Equity ratio20.0 %51.4 %96.3 %
Gearing291.2 %17.1 %0.6 %
Relative net indebtedness %1.4 %30.7 %-29.9 %
Liquidity
Quick ratio1.11.412.5
Current ratio1.11.412.5
Cash and cash equivalents303.6521.6917.84
Capital use efficiency
Trade debtors turnover (days)48.833.1
Net working capital %5.2 %18.6 %45.5 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-20.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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