AZELIS DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 26991064
Lyskær 5, 2730 Herlev

Company information

Official name
AZELIS DENMARK A/S
Personnel
57 persons
Established
2004
Company form
Limited company
Industry

About AZELIS DENMARK A/S

AZELIS DENMARK A/S (CVR number: 26991064) is a company from HERLEV. The company reported a net sales of 396.7 mDKK in 2023, demonstrating a decline of -16 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 6.9 mDKK), while net earnings were 3665.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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. AZELIS DENMARK A/S's liquidity measured by quick ratio was 0.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales377.14382.28409.48472.03396.65
Gross profit65.1856.2061.5560.1057.59
EBIT13.4110.4113.199.606.90
Net earnings6.662.545.835.313.67
Shareholders equity total30.9333.2739.1944.0047.35
Balance sheet total (assets)144.79125.90141.84171.08144.76
Net debt56.1347.3653.0644.1940.66
Profitability
EBIT-%3.6 %2.7 %3.2 %2.0 %1.7 %
ROA8.1 %4.4 %9.6 %7.3 %6.4 %
ROE24.1 %7.9 %16.1 %12.8 %8.0 %
ROI13.8 %6.6 %14.8 %11.7 %9.9 %
Economic value added (EVA)13.169.907.784.217.37
Solvency
Equity ratio21.4 %26.4 %27.7 %25.8 %32.8 %
Gearing216.4 %143.0 %136.0 %130.4 %114.4 %
Relative net indebtedness %27.3 %24.2 %25.0 %24.1 %21.1 %
Liquidity
Quick ratio0.40.30.30.30.5
Current ratio0.70.70.80.81.1
Cash and cash equivalents10.810.220.2313.1813.52
Capital use efficiency
Trade debtors turnover (days)8.211.510.410.712.7
Net working capital %-8.2 %-6.7 %-5.4 %-4.3 %1.1 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:6.36%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.8%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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