Adax NewCo 1 ApS — Credit Rating and Financial Key Figures

CVR number: 37507652
Vestre Hedevej 18, 4000 Roskilde

Company information

Official name
Adax NewCo 1 ApS
Established
2015
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales- 598.88- 637.681 394.341 355.04750.14
Gross profit- 606.14- 644.941 385.261 347.17739.38
EBIT- 606.14- 644.941 385.261 347.17739.38
Net earnings- 710.41- 730.501 312.921 291.73770.11
Shareholders equity total- 104.22- 850.46476.001 751.162 001.97
Balance sheet total (assets)4 408.033 746.914 410.192 010.512 270.07
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- 418.201 616.271 544.86752.34
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 ratio0.30.30.80.70.7
Current ratio0.30.30.80.70.7
Cash and cash equivalents87.7780.07210.47170.95201.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %28.1 %27.6 %-18.3 %-19.0 %-8.9 %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:36.0%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.2%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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