ADOBE SYSTEMS DANMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADOBE SYSTEMS DANMARK ApS
ADOBE SYSTEMS DANMARK ApS (CVR number: 20896884) is a company from KØBENHAVN. The company reported a net sales of 103.1 mDKK in 2024, demonstrating a decline of -5 % compared to the previous year. The operating profit percentage was at 12.9 % (EBIT: 13.3 mDKK), while net earnings were 9846.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.7 %, which can be considered excellent and Return on Equity (ROE) was 50.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ADOBE SYSTEMS DANMARK ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 73.03 | 78.13 | 97.72 | 108.47 | 103.08 |
Gross profit | 73.03 | 78.13 | 97.72 | 108.47 | 103.08 |
EBIT | 8.81 | 10.11 | 11.97 | 12.23 | 13.34 |
Net earnings | 6.59 | 7.70 | 9.17 | 9.55 | 9.85 |
Shareholders equity total | 13.87 | 9.57 | 18.73 | 28.28 | 10.93 |
Balance sheet total (assets) | 35.39 | 33.27 | 41.77 | 55.84 | 40.59 |
Net debt | -6.45 | -10.99 | -26.28 | -16.65 | -2.94 |
Profitability | |||||
EBIT-% | 12.1 % | 12.9 % | 12.2 % | 11.3 % | 12.9 % |
ROA | 31.5 % | 29.4 % | 31.9 % | 25.1 % | 27.7 % |
ROE | 62.3 % | 65.7 % | 64.8 % | 40.6 % | 50.2 % |
ROI | 83.3 % | 86.3 % | 84.6 % | 52.0 % | 68.1 % |
Economic value added (EVA) | 6.35 | 7.20 | 8.72 | 8.58 | 8.47 |
Solvency | |||||
Equity ratio | 39.2 % | 28.8 % | 44.9 % | 50.6 % | 26.9 % |
Gearing | |||||
Relative net indebtedness % | 20.6 % | 16.3 % | -3.3 % | 10.1 % | 25.9 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.3 | 1.7 | 2.0 | 1.3 |
Current ratio | 1.5 | 1.3 | 1.7 | 2.0 | 1.3 |
Cash and cash equivalents | 6.45 | 10.99 | 26.28 | 16.65 | 2.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 15.1 % | 10.0 % | 17.2 % | 24.8 % | 9.7 % |
Credit risk | |||||
Credit rating | A | BBB | A | A | BBB |
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