ARDO DISTRIBUTIONSCENTER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ARDO DISTRIBUTIONSCENTER A/S
ARDO DISTRIBUTIONSCENTER A/S (CVR number: 28302576) is a company from NYBORG. The company reported a net sales of 15.9 mDKK in 2022, demonstrating a decline of -23.7 % compared to the previous year. The operating profit percentage was poor at -13.2 % (EBIT: -2.1 mDKK), while net earnings were -1537.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ARDO DISTRIBUTIONSCENTER A/S's liquidity measured by quick ratio was 23.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 22 346.17 | 20 809.84 | 15 871.79 | ||
Gross profit | 4 514.00 | 5 660.00 | 5 220.94 | 4 480.45 | -2 055.40 |
EBIT | 4 482.00 | 5 616.00 | 5 192.56 | 4 454.62 | -2 095.71 |
Net earnings | 3 496.00 | 4 380.00 | 4 050.20 | 3 466.05 | -1 537.89 |
Shareholders equity total | 9 090.00 | 13 469.00 | 17 519.61 | 20 985.66 | 19 447.77 |
Balance sheet total (assets) | 14 906.00 | 22 558.00 | 26 507.29 | 23 990.29 | 20 317.43 |
Net debt | 817.00 | ||||
Profitability | |||||
EBIT-% | 23.2 % | 21.4 % | -13.2 % | ||
ROA | 35.1 % | 30.0 % | 21.2 % | 17.6 % | -8.9 % |
ROE | 47.6 % | 38.8 % | 26.1 % | 18.0 % | -7.6 % |
ROI | 61.0 % | 48.0 % | 31.7 % | 22.6 % | -9.7 % |
Economic value added (EVA) | 3 214.90 | 3 923.23 | 3 332.33 | 2 594.24 | -2 689.47 |
Solvency | |||||
Equity ratio | 61.0 % | 59.7 % | 66.1 % | 87.5 % | 95.7 % |
Gearing | 6.1 % | ||||
Relative net indebtedness % | 40.2 % | 14.4 % | 5.5 % | ||
Liquidity | |||||
Quick ratio | 3.1 | 3.2 | 3.3 | 8.0 | 23.4 |
Current ratio | 3.1 | 3.2 | 3.3 | 8.0 | 23.4 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.7 | ||||
Net working capital % | 82.8 % | 100.8 % | 122.5 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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