ADVANSOR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADVANSOR A/S
ADVANSOR A/S (CVR number: 29401462) is a company from AARHUS. The company reported a net sales of 871.3 mDKK in 2023, demonstrating a growth of 7.7 % compared to the previous year. The operating profit percentage was at 17.8 % (EBIT: 154.7 mDKK), while net earnings were 128.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.2 %, which can be considered excellent and Return on Equity (ROE) was 35.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ADVANSOR A/S's liquidity measured by quick ratio was 1.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 539.03 | 498.28 | 695.04 | 809.20 | 871.32 |
Gross profit | 189.72 | 178.91 | 258.07 | 307.67 | 366.54 |
EBIT | 78.97 | 58.48 | 116.82 | 144.82 | 154.72 |
Net earnings | 60.74 | 45.95 | 90.00 | 112.67 | 128.92 |
Shareholders equity total | 158.36 | 204.31 | 294.31 | 336.98 | 385.91 |
Balance sheet total (assets) | 248.08 | 294.14 | 444.84 | 570.74 | 713.14 |
Net debt | 48.26 | 120.73 | |||
Profitability | |||||
EBIT-% | 14.7 % | 11.7 % | 16.8 % | 17.9 % | 17.8 % |
ROA | 37.2 % | 21.6 % | 31.6 % | 29.1 % | 26.2 % |
ROE | 46.1 % | 25.3 % | 36.1 % | 35.7 % | 35.7 % |
ROI | 44.1 % | 21.6 % | 31.6 % | 35.1 % | 36.8 % |
Economic value added (EVA) | 73.70 | 50.53 | 106.55 | 98.13 | 103.70 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 59.0 % | 54.1 % |
Gearing | 14.3 % | 31.3 % | |||
Relative net indebtedness % | 27.4 % | 36.4 % | |||
Liquidity | |||||
Quick ratio | 1.9 | 1.9 | |||
Current ratio | 2.4 | 2.1 | |||
Cash and cash equivalents | 0.02 | 0.01 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.2 | 46.7 | |||
Net working capital % | 38.2 % | 41.2 % | |||
Credit risk | |||||
Credit rating | BBB | A | BBB | AAA | AA |
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