ADDING EDGE ApS — Credit Rating and Financial Key Figures

CVR number: 32327818
Strandparken 70, 5642 Millinge
am@addingedge.dk

Credit rating

Company information

Official name
ADDING EDGE ApS
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry

About ADDING EDGE ApS

ADDING EDGE ApS (CVR number: 32327818) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 1578.8 kDKK in 2023. The operating profit was 230.3 kDKK, while net earnings were 174.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.5 %, which can be considered excellent and Return on Equity (ROE) was 45.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ADDING EDGE ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.67-19.21-5.02560.871 578.84
EBIT-6.67-19.21-5.02440.68230.33
Net earnings-14.22-28.6580.15312.88174.12
Shareholders equity total-11.94-40.5839.57352.44417.67
Balance sheet total (assets)252.42244.58367.55548.971 144.07
Net debt1.8834.55321.5699.36190.55
Profitability
EBIT-%
ROA-4.6 %-7.0 %24.6 %97.5 %29.5 %
ROE-11.2 %-11.5 %56.4 %159.6 %45.2 %
ROI-5.1 %-7.2 %25.1 %109.1 %43.9 %
Economic value added (EVA)-6.02-5.938.28332.95151.85
Solvency
Equity ratio-4.5 %-14.2 %10.8 %64.2 %36.5 %
Gearing-2130.3 %-687.8 %813.6 %29.2 %62.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.11.21.1
Current ratio1.00.90.11.21.1
Cash and cash equivalents252.42244.580.383.5169.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:29.5%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.