ARDEX SKANDINAVIA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARDEX SKANDINAVIA A/S
ARDEX SKANDINAVIA A/S (CVR number: 11709214K) is a company from HERLEV. The company reported a net sales of 267.2 mDKK in 2024, demonstrating a decline of -5.6 % compared to the previous year. The operating profit percentage was at 14.8 % (EBIT: 39.5 mDKK), while net earnings were 30.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ARDEX SKANDINAVIA A/S's liquidity measured by quick ratio was 3 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 319.27 | 347.49 | 313.20 | 283.04 | 267.23 |
Gross profit | 120.10 | 125.69 | 111.17 | 89.20 | 102.43 |
EBIT | 60.95 | 61.76 | 51.01 | 29.32 | 39.53 |
Net earnings | 45.33 | 45.24 | 36.25 | 19.87 | 30.20 |
Shareholders equity total | 167.23 | 167.29 | 142.70 | 122.02 | 136.13 |
Balance sheet total (assets) | 212.52 | 211.32 | 207.81 | 159.37 | 168.76 |
Net debt | -35.16 | -56.81 | |||
Profitability | |||||
EBIT-% | 19.1 % | 17.8 % | 16.3 % | 10.4 % | 14.8 % |
ROA | 29.4 % | 29.1 % | 24.3 % | 16.3 % | 24.4 % |
ROE | 27.4 % | 27.0 % | 23.4 % | 15.0 % | 23.4 % |
ROI | 29.4 % | 29.1 % | 24.3 % | 17.7 % | 29.8 % |
Economic value added (EVA) | 52.75 | 53.35 | 42.61 | 15.06 | 24.75 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 76.6 % | 80.7 % |
Gearing | 3.4 % | 1.1 % | |||
Relative net indebtedness % | -1.7 % | -10.7 % | |||
Liquidity | |||||
Quick ratio | 2.2 | 3.0 | |||
Current ratio | 3.4 | 4.2 | |||
Cash and cash equivalents | 39.33 | 58.30 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.0 | 35.8 | |||
Net working capital % | 28.7 % | 35.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
Variable visualization
Roles
Companies in the same industry
- Company information
- Financial data
- Credit risk data
- All 400,000+ Danish companies
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.