ARDEX SKANDINAVIA A/S — Credit Rating and Financial Key Figures

CVR number: 11709214
Marielundvej 4, 2730 Herlev
ardex@ardex.dk
tel: 44885050

Company information

Official name
ARDEX SKANDINAVIA A/S
Personnel
45 persons
Established
1967
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales319.27347.49313.20283.04267.23
Gross profit120.10125.69111.1789.20102.43
EBIT60.9561.7651.0129.3239.53
Net earnings45.3345.2436.2519.8730.20
Shareholders equity total167.23167.29142.70122.02136.13
Balance sheet total (assets)212.52211.32207.81159.37168.76
Net debt-35.16-56.81
Profitability
EBIT-%19.1 %17.8 %16.3 %10.4 %14.8 %
ROA29.4 %29.1 %24.3 %16.3 %24.4 %
ROE27.4 %27.0 %23.4 %15.0 %23.4 %
ROI29.4 %29.1 %24.3 %17.7 %29.8 %
Economic value added (EVA)52.7553.3542.6115.0624.75
Solvency
Equity ratio100.0 %100.0 %100.0 %76.6 %80.7 %
Gearing3.4 %1.1 %
Relative net indebtedness %-1.7 %-10.7 %
Liquidity
Quick ratio2.23.0
Current ratio3.44.2
Cash and cash equivalents39.3358.30
Capital use efficiency
Trade debtors turnover (days)36.035.8
Net working capital %28.7 %35.5 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:24.4%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.7%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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