ADSERBI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADSERBI A/S
ADSERBI A/S (CVR number: 87802310K) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 651.1 mDKK in 2023, demonstrating a decline of -5.2 % compared to the previous year. The operating profit percentage was at 3 % (EBIT: 19.5 mDKK), while net earnings were 24.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ADSERBI A/S's liquidity measured by quick ratio was 2.9 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 493.30 | 547.21 | 725.41 | 686.71 | 651.09 |
Gross profit | 57.30 | 72.27 | 98.26 | 73.18 | 69.77 |
EBIT | 17.91 | 22.35 | 31.41 | 18.57 | 19.53 |
Net earnings | 7.53 | 29.12 | 24.18 | 13.98 | 24.79 |
Shareholders equity total | 322.23 | 350.31 | 371.08 | 380.98 | 402.71 |
Balance sheet total (assets) | 436.25 | 478.03 | 606.98 | 650.26 | 514.50 |
Net debt | - 130.47 | - 169.14 | -95.81 | -95.93 | - 165.11 |
Profitability | |||||
EBIT-% | 3.6 % | 4.1 % | 4.3 % | 2.7 % | 3.0 % |
ROA | 4.6 % | 8.8 % | 7.2 % | 3.6 % | 5.9 % |
ROE | 2.5 % | 9.3 % | 7.3 % | 4.1 % | 7.0 % |
ROI | 5.7 % | 11.0 % | 8.9 % | 4.3 % | 7.0 % |
Economic value added (EVA) | 14.17 | 8.28 | 16.06 | 6.48 | 10.31 |
Solvency | |||||
Equity ratio | 74.0 % | 73.4 % | 61.1 % | 58.9 % | 78.3 % |
Gearing | 8.2 % | 6.6 % | 34.7 % | 45.2 % | 5.4 % |
Relative net indebtedness % | -9.1 % | -12.1 % | 1.3 % | -0.0 % | -11.8 % |
Liquidity | |||||
Quick ratio | 2.7 | 2.5 | 1.7 | 1.6 | 2.9 |
Current ratio | 3.9 | 3.5 | 2.5 | 2.3 | 4.4 |
Cash and cash equivalents | 157.06 | 192.30 | 224.60 | 268.07 | 186.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 79.4 | 76.8 | 75.2 | 66.5 | 66.6 |
Net working capital % | 34.5 % | 31.3 % | 27.9 % | 31.3 % | 38.3 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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