Addbrand Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 30582713
Rosas Minde Vej 49, 7120 Vejle Øst
info@addbrand.dk
tel: 75828144
www.addbrand.dk
Free credit report Annual report

Company information

Official name
Addbrand Denmark A/S
Personnel
8 persons
Established
2007
Company form
Limited company
Industry

About Addbrand Denmark A/S

Addbrand Denmark A/S (CVR number: 30582713) is a company from VEJLE. The company recorded a gross profit of 5908 kDKK in 2023. The operating profit was 508 kDKK, while net earnings were 408 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59 %, 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. Addbrand Denmark A/S's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 401.004 970.005 717.006 592.005 908.00
EBIT533.00522.00- 228.001 132.00508.00
Net earnings399.00290.00- 197.00882.00408.00
Shareholders equity total5 720.006 010.005 413.006 295.004 703.00
Balance sheet total (assets)8 145.0010 881.008 363.009 901.007 977.00
Net debt-2 388.00-4 492.00-2 769.00-4 275.00-3 668.00
Profitability
EBIT-%
ROA6.5 %6.0 %-1.8 %12.9 %6.0 %
ROE6.9 %4.9 %-3.4 %15.1 %7.4 %
ROI9.5 %9.0 %-2.9 %18.9 %9.0 %
Economic value added (EVA)264.10215.72- 237.50765.45309.42
Solvency
Equity ratio70.2 %55.2 %64.7 %63.6 %59.0 %
Gearing5.5 %6.1 %6.3 %5.3 %10.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.91.92.42.42.1
Current ratio3.22.02.52.52.2
Cash and cash equivalents2 701.004 859.003 109.004 611.004 156.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:5.99%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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