Adventure Network ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Adventure Network ApS
Adventure Network ApS (CVR number: 41203579) is a company from KØBENHAVN. The company recorded a gross profit of -9.1 kDKK in 2024. The operating profit was -9.1 kDKK, while net earnings were -8.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.9 %, which can be considered poor and Return on Equity (ROE) was -15.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.4 %, 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. Adventure Network ApS's liquidity measured by quick ratio was 3.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -4.84 | -55.50 | 45.71 | -18.91 | -9.08 |
| EBIT | -4.84 | -56.25 | 45.71 | -18.91 | -9.08 |
| Net earnings | -5.38 | -56.64 | 45.47 | -18.90 | -8.92 |
| Shareholders equity total | 36.62 | 35.98 | 81.45 | 62.55 | 49.62 |
| Balance sheet total (assets) | 46.27 | 45.63 | 114.09 | 72.14 | 66.72 |
| Net debt | -36.61 | -16.91 | -95.37 | -48.59 | -57.25 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -10.5 % | -122.4 % | 57.2 % | -20.3 % | -12.9 % |
| ROE | -14.7 % | -156.0 % | 77.4 % | -26.3 % | -15.9 % |
| ROI | -10.5 % | -122.4 % | 66.9 % | -23.2 % | -13.6 % |
| Economic value added (EVA) | -4.84 | -58.58 | 43.41 | -23.49 | -12.70 |
| Solvency | |||||
| Equity ratio | 79.1 % | 78.9 % | 71.4 % | 86.7 % | 74.4 % |
| Gearing | 26.3 % | 26.8 % | 11.8 % | 15.1 % | 19.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.8 | 4.7 | 3.5 | 7.5 | 3.9 |
| Current ratio | 4.8 | 4.7 | 3.5 | 7.5 | 3.9 |
| Cash and cash equivalents | 46.26 | 26.55 | 105.02 | 58.06 | 66.72 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | BB | BB | BB |
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