Adax NewCo 1 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Adax NewCo 1 ApS
Adax NewCo 1 ApS (CVR number: 37507652) is a company from ROSKILDE. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -44.6 % compared to the previous year. The operating profit percentage was at 98.6 % (EBIT: 0.7 mDKK), while net earnings were 770.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36 %, which can be considered excellent and Return on Equity (ROE) was 41 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Adax NewCo 1 ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 598.88 | - 637.68 | 1 394.34 | 1 355.04 | 750.14 |
Gross profit | - 606.14 | - 644.94 | 1 385.26 | 1 347.17 | 739.38 |
EBIT | - 606.14 | - 644.94 | 1 385.26 | 1 347.17 | 739.38 |
Net earnings | - 710.41 | - 730.50 | 1 312.92 | 1 291.73 | 770.11 |
Shareholders equity total | - 104.22 | - 850.46 | 476.00 | 1 751.16 | 2 001.97 |
Balance sheet total (assets) | 4 408.03 | 3 746.91 | 4 410.19 | 2 010.51 | 2 270.07 |
Net debt | -87.77 | -80.07 | - 210.47 | - 170.95 | - 201.03 |
Profitability | |||||
EBIT-% | 99.3 % | 99.4 % | 98.6 % | ||
ROA | -11.1 % | -14.2 % | 31.1 % | 42.2 % | 36.0 % |
ROE | -26.4 % | -17.9 % | 62.2 % | 116.0 % | 41.0 % |
ROI | -11.7 % | -15.0 % | 33.0 % | 45.8 % | 41.0 % |
Economic value added (EVA) | - 334.33 | - 418.20 | 1 616.27 | 1 544.86 | 752.34 |
Solvency | |||||
Equity ratio | -2.3 % | -18.5 % | 10.8 % | 87.1 % | 88.2 % |
Gearing | |||||
Relative net indebtedness % | -738.8 % | -708.4 % | 267.1 % | 6.5 % | 8.9 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.8 | 0.7 | 0.7 |
Current ratio | 0.3 | 0.3 | 0.8 | 0.7 | 0.7 |
Cash and cash equivalents | 87.77 | 80.07 | 210.47 | 170.95 | 201.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 28.1 % | 27.6 % | -18.3 % | -19.0 % | -8.9 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | A |
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