Edge Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Edge Denmark ApS
Edge Denmark ApS (CVR number: 38568884) is a company from KØBENHAVN. The company reported a net sales of 2.3 mDKK in 2021, demonstrating a growth of 1.8 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 0.1 mDKK), while net earnings were 73.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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. Edge Denmark ApS's liquidity measured by quick ratio was 3.2 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 787.27 | 2 223 145.00 | 2 097.22 | 2 241.11 | 2 281.02 |
Gross profit | 1 303.81 | 1 701 264.00 | 1 614.41 | 1 727.91 | 1 706.13 |
EBIT | 60.50 | 147 716.00 | 97.78 | 134.04 | 96.88 |
Net earnings | 44.38 | 111 937.00 | 72.47 | 102.08 | 73.54 |
Shareholders equity total | 94.38 | 206 320.00 | 278.79 | 380.87 | 454.40 |
Balance sheet total (assets) | 293.02 | 471 558.00 | 606.00 | 979.36 | 653.06 |
Net debt | - 118.14 | - 261 882.00 | - 298.32 | - 696.46 | - 362.56 |
Profitability | |||||
EBIT-% | 3.4 % | 6.6 % | 4.7 % | 6.0 % | 4.2 % |
ROA | 20.6 % | 62.6 % | 0.0 % | 16.9 % | 11.9 % |
ROE | 47.0 % | 108.5 % | 0.1 % | 30.9 % | 17.6 % |
ROI | 64.1 % | 143.1 % | 0.1 % | 37.4 % | 23.2 % |
Economic value added (EVA) | 44.81 | 112 194.15 | 2 865.63 | 103.70 | 89.50 |
Solvency | |||||
Equity ratio | 32.2 % | 43.8 % | 46.0 % | 38.9 % | 69.6 % |
Gearing | |||||
Relative net indebtedness % | 4.5 % | 0.2 % | 1.4 % | -4.4 % | -7.2 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.7 | 2.2 | 1.6 | 3.2 |
Current ratio | 1.4 | 1.7 | 2.2 | 1.6 | 3.2 |
Cash and cash equivalents | 118.14 | 261 882.00 | 298.32 | 696.46 | 362.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 4.0 % | 8.3 % | 14.9 % | 16.0 % | 18.9 % |
Credit risk | |||||
Credit rating | B | BBB | BB | BBB | BB |
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