Adax NewCo 2 ApS — Credit Rating and Financial Key Figures

CVR number: 37507792
Vestre Hedevej 18, 4000 Roskilde

Company information

Official name
Adax NewCo 2 ApS
Established
2015
Company form
Private limited company
Industry

About Adax NewCo 2 ApS

Adax NewCo 2 ApS (CVR number: 37507792) is a company from ROSKILDE. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a decline of -44.6 % compared to the previous year. The operating profit percentage was at 98.6 % (EBIT: 0.9 mDKK), while net earnings were 973.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33 %, which can be considered excellent and Return on Equity (ROE) was 35.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Adax NewCo 2 ApS's liquidity measured by quick ratio was 2.3 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
2022
2023
Volume
Net sales- 718.66- 765.221 673.211 626.05900.17
Gross profit- 725.91- 772.471 664.131 618.17887.81
EBIT- 725.91- 772.471 664.131 618.17887.81
Net earnings- 850.51- 875.291 600.821 502.60973.46
Shareholders equity total330.97- 563.221 053.862 536.582 886.89
Balance sheet total (assets)5 737.844 943.485 771.492 840.823 188.43
Net debt4 849.414 959.403 970.59- 301.87- 429.20
Profitability
EBIT-%99.5 %99.5 %98.6 %
ROA-10.8 %-13.7 %30.4 %38.1 %33.0 %
ROE-112.7 %-33.2 %53.4 %83.7 %35.9 %
ROI-10.8 %-13.8 %30.5 %38.2 %33.2 %
Economic value added (EVA)- 398.17- 498.931 931.451 885.24882.88
Solvency
Equity ratio5.8 %-10.2 %18.3 %89.3 %90.5 %
Gearing1631.7 %-976.6 %446.2 %11.7 %9.5 %
Relative net indebtedness %-675.7 %-648.9 %238.2 %-18.2 %-44.6 %
Liquidity
Quick ratio1.81.82.42.12.3
Current ratio1.81.82.42.12.3
Cash and cash equivalents551.21541.05731.81599.86702.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-35.3 %-32.1 %-18.1 %-16.1 %44.9 %
Credit risk
Credit ratingBBBBABBBA

Variable visualization

ROA:33.0%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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