ADAX A/S — Credit Rating and Financial Key Figures

CVR number: 71231518
Vestre Hedevej 18, 4000 Roskilde

Credit rating

Company information

Official name
ADAX A/S
Personnel
28 persons
Established
1982
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ADAX A/S

ADAX A/S (CVR number: 71231518) is a company from ROSKILDE. The company recorded a gross profit of 15.5 mDKK in 2023. The operating profit was 4252.5 kDKK, while net earnings were 3000.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 38.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. ADAX A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit16 743.4715 399.4417 560.5917 886.4015 542.31
EBIT2 776.682 383.527 441.726 793.484 252.52
Net earnings1 708.471 440.825 577.375 420.173 000.56
Shareholders equity total13 289.5114 667.3316 798.907 352.808 276.18
Balance sheet total (assets)43 216.6234 891.6534 235.3539 376.6637 262.92
Net debt20 010.477 438.081 452.3119 652.1914 396.74
Profitability
EBIT-%
ROA7.1 %6.3 %21.8 %20.4 %12.3 %
ROE11.6 %10.3 %35.4 %44.9 %38.4 %
ROI8.3 %7.6 %27.4 %26.2 %15.0 %
Economic value added (EVA)1 848.111 713.035 432.874 901.313 088.94
Solvency
Equity ratio30.8 %42.0 %49.1 %18.7 %22.2 %
Gearing171.3 %80.9 %56.9 %310.8 %290.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.81.00.40.6
Current ratio1.41.72.01.21.2
Cash and cash equivalents2 760.584 434.468 097.933 197.379 634.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.2%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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