ADDEK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADDEK ApS
ADDEK ApS (CVR number: 13140170) is a company from GLADSAXE. The company recorded a gross profit of 5975.9 kDKK in 2024. The operating profit was -9.2 kDKK, while net earnings were 27.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. ADDEK ApS's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 898.09 | 8 090.68 | 9 515.22 | ||
Gross profit | 10 894.29 | 4 841.43 | 5 392.24 | 5 241.82 | 5 975.92 |
EBIT | 54.62 | 53.89 | 85.36 | -4.64 | -9.17 |
Net earnings | 30.03 | 23.25 | 22.47 | 24.55 | 27.75 |
Shareholders equity total | 1 219.27 | 1 242.52 | 1 264.99 | 1 289.54 | 1 317.29 |
Balance sheet total (assets) | 5 667.49 | 3 781.61 | 3 985.09 | 4 491.12 | 4 065.92 |
Net debt | -5 372.31 | -3 500.80 | -3 702.02 | -4 293.91 | -3 929.71 |
Profitability | |||||
EBIT-% | 0.7 % | 0.7 % | 0.9 % | ||
ROA | 1.6 % | 1.5 % | 2.4 % | 2.0 % | 2.2 % |
ROE | 2.5 % | 1.9 % | 1.8 % | 1.9 % | 2.1 % |
ROI | 6.1 % | 5.8 % | 7.4 % | 6.7 % | 7.3 % |
Economic value added (EVA) | 231.60 | 250.29 | 177.91 | 119.61 | 144.32 |
Solvency | |||||
Equity ratio | 21.5 % | 32.9 % | 31.7 % | 28.7 % | 32.4 % |
Gearing | 0.6 % | 0.4 % | 1.2 % | 0.5 % | |
Relative net indebtedness % | -11.8 % | -11.9 % | -10.5 % | ||
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | 1.5 | 1.4 | 1.5 |
Current ratio | 1.3 | 1.5 | 1.5 | 1.4 | 1.5 |
Cash and cash equivalents | 5 379.30 | 3 505.91 | 3 716.94 | 4 300.05 | 3 929.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.6 | 4.8 | |||
Net working capital % | -17.1 % | -3.7 % | 8.1 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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