ANALOG DEVICES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ANALOG DEVICES A/S
ANALOG DEVICES A/S (CVR number: 27169740) is a company from RUDERSDAL. The company reported a net sales of 38.1 mDKK in 2023, demonstrating a decline of -8.9 % compared to the previous year. The operating profit percentage was at 3.6 % (EBIT: 1.4 mDKK), while net earnings were 1281.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ANALOG DEVICES A/S'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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 9.17 | 8.51 | 33.59 | 41.79 | 38.08 |
Gross profit | 6.57 | 6.46 | 27.48 | 32.47 | 28.88 |
EBIT | 0.06 | 0.09 | 1.22 | 1.28 | 1.36 |
Net earnings | 0.02 | 0.04 | 1.37 | 1.22 | 1.28 |
Shareholders equity total | 3.59 | 3.63 | 5.00 | 6.22 | 6.00 |
Balance sheet total (assets) | 5.26 | 5.38 | 17.65 | 16.43 | 10.92 |
Net debt | -3.83 | -4.10 | -6.21 | -6.42 | -3.69 |
Profitability | |||||
EBIT-% | 0.7 % | 1.0 % | 3.6 % | 3.1 % | 3.6 % |
ROA | 1.3 % | 1.7 % | 10.6 % | 7.7 % | 11.6 % |
ROE | 0.5 % | 1.1 % | 31.7 % | 21.7 % | 21.0 % |
ROI | 1.9 % | 2.5 % | 27.8 % | 22.8 % | 24.8 % |
Economic value added (EVA) | 0.07 | 0.10 | 1.49 | 1.35 | 1.38 |
Solvency | |||||
Equity ratio | 68.3 % | 67.5 % | 28.3 % | 37.9 % | 55.0 % |
Gearing | 0.9 % | 0.6 % | 2.7 % | 2.7 % | 6.3 % |
Relative net indebtedness % | -23.9 % | -28.0 % | 18.8 % | 8.7 % | 2.2 % |
Liquidity | |||||
Quick ratio | 3.0 | 3.0 | 1.3 | 1.3 | 1.5 |
Current ratio | 3.0 | 3.0 | 1.3 | 1.3 | 1.5 |
Cash and cash equivalents | 3.86 | 4.13 | 6.34 | 6.58 | 4.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 37.2 % | 41.7 % | 10.2 % | 8.0 % | 6.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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