Advance Global A/S — Credit Rating and Financial Key Figures

CVR number: 27912257
Møllerupvej 24, Møllerup 8410 Rønde
ag@advancenonwoven.com
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Company information

Official name
Advance Global A/S
Established
2004
Domicile
Møllerup
Company form
Limited company
Industry

About Advance Global A/S

Advance Global A/S (CVR number: 27912257) is a company from SYDDJURS. The company recorded a gross profit of -68 kDKK in 2024. The operating profit was -68 kDKK, while net earnings were -13.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -273.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -99 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Advance Global A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-34.31-30.33- 102.49-37.33-67.95
EBIT-34.31-30.33- 102.49-37.33-67.95
Net earnings-9 575.51-10 291.22-7 274.83-7 148.58-13 169.20
Shareholders equity total-21 886.58-32 177.80-39 452.63-46 601.20-59 770.40
Balance sheet total (assets)34 955.7826 597.3314 673.118 981.32633.94
Net debt56 778.5858 740.9354 078.3855 544.3860 364.59
Profitability
EBIT-%
ROA-12.1 %-17.0 %-12.1 %-12.2 %2.1 %
ROE-23.7 %-33.4 %-35.3 %-60.4 %-273.9 %
ROI-12.1 %-17.0 %-12.1 %-12.2 %-21.4 %
Economic value added (EVA)-2 340.45-1 785.51-1 438.00- 773.06- 517.81
Solvency
Equity ratio-38.5 %-54.7 %-72.9 %-83.8 %-99.0 %
Gearing-259.6 %-182.6 %-137.1 %-119.2 %-101.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents36.9714.1915.689.159.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:2.09%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-99.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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