AZELIS DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 377.14 | 382.28 | 409.48 | 472.03 | 396.65 |
Gross profit | 65.18 | 56.20 | 61.55 | 60.10 | 57.59 |
EBIT | 13.41 | 10.41 | 13.19 | 9.60 | 6.90 |
Net earnings | 6.66 | 2.54 | 5.83 | 5.31 | 3.67 |
Shareholders equity total | 30.93 | 33.27 | 39.19 | 44.00 | 47.35 |
Balance sheet total (assets) | 144.79 | 125.90 | 141.84 | 171.08 | 144.76 |
Net debt | 56.13 | 47.36 | 53.06 | 44.19 | 40.66 |
Profitability | |||||
EBIT-% | 3.6 % | 2.7 % | 3.2 % | 2.0 % | 1.7 % |
ROA | 8.1 % | 4.4 % | 9.6 % | 7.3 % | 6.4 % |
ROE | 24.1 % | 7.9 % | 16.1 % | 12.8 % | 8.0 % |
ROI | 13.8 % | 6.6 % | 14.8 % | 11.7 % | 9.9 % |
Economic value added (EVA) | 13.16 | 9.90 | 7.78 | 4.21 | 7.37 |
Solvency | |||||
Equity ratio | 21.4 % | 26.4 % | 27.7 % | 25.8 % | 32.8 % |
Gearing | 216.4 % | 143.0 % | 136.0 % | 130.4 % | 114.4 % |
Relative net indebtedness % | 27.3 % | 24.2 % | 25.0 % | 24.1 % | 21.1 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 0.3 | 0.3 | 0.5 |
Current ratio | 0.7 | 0.7 | 0.8 | 0.8 | 1.1 |
Cash and cash equivalents | 10.81 | 0.22 | 0.23 | 13.18 | 13.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 8.2 | 11.5 | 10.4 | 10.7 | 12.7 |
Net working capital % | -8.2 % | -6.7 % | -5.4 % | -4.3 % | 1.1 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.