EJENDOMSSELSKABET ADAX ApS — Credit Rating and Financial Key Figures

CVR number: 34484783
Vestre Hedevej 18, 4000 Roskilde

Company information

Official name
EJENDOMSSELSKABET ADAX ApS
Established
2012
Company form
Private limited company
Industry

About EJENDOMSSELSKABET ADAX ApS

EJENDOMSSELSKABET ADAX ApS (CVR number: 34484783) is a company from ROSKILDE. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was at 47 % (EBIT: 0.6 mDKK), while net earnings were 461.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EJENDOMSSELSKABET ADAX ApS's liquidity measured by quick ratio was 2.2 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 sales1 203.751 227.831 252.381 277.431 302.98
Gross profit987.711 007.61966.041 061.46784.19
EBIT686.97706.87665.29803.72612.46
Net earnings488.65512.63492.60599.94461.21
Shareholders equity total4 962.275 474.915 967.506 567.447 028.65
Balance sheet total (assets)10 777.3510 757.7010 700.6710 975.8010 953.63
Net debt5 361.494 606.524 206.063 808.713 410.05
Profitability
EBIT-%57.1 %57.6 %53.1 %62.9 %47.0 %
ROA6.3 %6.6 %6.3 %7.6 %5.9 %
ROE10.4 %9.8 %8.6 %9.6 %6.8 %
ROI6.5 %6.8 %6.6 %7.8 %6.0 %
Economic value added (EVA)59.5270.5332.46135.89-23.65
Solvency
Equity ratio46.0 %50.9 %55.8 %59.8 %64.2 %
Gearing108.0 %84.1 %70.5 %58.0 %48.5 %
Relative net indebtedness %465.9 %411.7 %358.1 %323.2 %276.0 %
Liquidity
Quick ratio0.10.40.91.62.2
Current ratio0.10.40.91.62.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-76.4 %-39.5 %-5.8 %33.0 %53.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.87%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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