EJENDOMSSELSKABET ADAX ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 203.75 | 1 227.83 | 1 252.38 | 1 277.43 | 1 302.98 |
Gross profit | 987.71 | 1 007.61 | 966.04 | 1 061.46 | 784.19 |
EBIT | 686.97 | 706.87 | 665.29 | 803.72 | 612.46 |
Net earnings | 488.65 | 512.63 | 492.60 | 599.94 | 461.21 |
Shareholders equity total | 4 962.27 | 5 474.91 | 5 967.50 | 6 567.44 | 7 028.65 |
Balance sheet total (assets) | 10 777.35 | 10 757.70 | 10 700.67 | 10 975.80 | 10 953.63 |
Net debt | 5 361.49 | 4 606.52 | 4 206.06 | 3 808.71 | 3 410.05 |
Profitability | |||||
EBIT-% | 57.1 % | 57.6 % | 53.1 % | 62.9 % | 47.0 % |
ROA | 6.3 % | 6.6 % | 6.3 % | 7.6 % | 5.9 % |
ROE | 10.4 % | 9.8 % | 8.6 % | 9.6 % | 6.8 % |
ROI | 6.5 % | 6.8 % | 6.6 % | 7.8 % | 6.0 % |
Economic value added (EVA) | 59.52 | 70.53 | 32.46 | 135.89 | -23.65 |
Solvency | |||||
Equity ratio | 46.0 % | 50.9 % | 55.8 % | 59.8 % | 64.2 % |
Gearing | 108.0 % | 84.1 % | 70.5 % | 58.0 % | 48.5 % |
Relative net indebtedness % | 465.9 % | 411.7 % | 358.1 % | 323.2 % | 276.0 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.4 | 0.9 | 1.6 | 2.2 |
Current ratio | 0.1 | 0.4 | 0.9 | 1.6 | 2.2 |
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 rating | A | A | A | A | A |
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