AADUM GLASFIBER A/S

CVR number: 20503432
Skodsbølvej 1 B, Ådum 6880 Tarm

Credit rating

Company information

Official name
AADUM GLASFIBER A/S
Personnel
6 persons
Established
1997
Domicile
Ådum
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About AADUM GLASFIBER A/S

AADUM GLASFIBER A/S (CVR number: 20503432) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 2202.6 kDKK in 2023. The operating profit was 525.6 kDKK, while net earnings were 406.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 30.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AADUM GLASFIBER A/S's liquidity measured by quick ratio was 2.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 704.441 930.451 675.081 659.492 202.62
EBIT25.21263.034.87-9.30525.65
Net earnings7.23203.155.461.57406.39
Shareholders equity total933.731 136.871 142.331 143.901 550.29
Balance sheet total (assets)1 929.712 272.881 680.171 729.732 462.42
Net debt- 733.82- 341.11- 571.01- 559.95-1 211.10
Profitability
EBIT-%
ROA1.4 %12.7 %0.7 %0.3 %25.8 %
ROE0.8 %19.6 %0.5 %0.1 %30.2 %
ROI2.2 %22.2 %1.2 %0.4 %40.1 %
Economic value added (EVA)20.88211.46-36.70-38.01380.43
Solvency
Equity ratio48.4 %50.0 %68.0 %66.1 %63.0 %
Gearing35.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.62.42.22.5
Current ratio1.92.13.23.03.1
Cash and cash equivalents1 062.81341.11571.01559.951 211.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:25.8%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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