ADFORM A/S — Credit Rating and Financial Key Figures

CVR number: 26434815
Rosenborggade 15 B, 1130 København K
tel: 35357100
www.adform.com

Company information

Official name
ADFORM A/S
Personnel
33 persons
Established
2002
Company form
Limited company
Industry

About ADFORM A/S

ADFORM A/S (CVR number: 26434815K) is a company from KØBENHAVN. The company reported a net sales of 102.4 mEUR in 2024, demonstrating a growth of 15.5 % compared to the previous year. The operating profit percentage was at 11.8 % (EBIT: 12.1 mEUR), while net earnings were 9279 kEUR. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 20.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. ADFORM A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mEUR)

EBIT (mEUR)

Profitability

Solidity

Key figures (mEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales74.3387.4492.0688.61102.39
Gross profit69.5481.2182.9283.6096.05
EBIT3.8810.927.645.1512.08
Net earnings1.8711.515.863.259.28
Shareholders equity total22.7732.4938.4141.7149.23
Balance sheet total (assets)127.84140.31128.63133.61146.67
Net debt-19.73-33.68-36.24-40.87-47.69
Profitability
EBIT-%5.2 %12.5 %8.3 %5.8 %11.8 %
ROA6.7 %10.3 %10.5 %7.8 %11.3 %
ROE8.7 %41.7 %16.5 %8.1 %20.4 %
ROI23.7 %38.8 %34.2 %21.4 %27.7 %
Economic value added (EVA)5.2513.055.873.379.49
Solvency
Equity ratio17.8 %23.5 %30.4 %32.2 %34.4 %
Gearing8.6 %6.7 %
Relative net indebtedness %114.8 %84.8 %58.6 %53.5 %45.4 %
Liquidity
Quick ratio1.01.11.21.31.4
Current ratio1.01.11.21.31.3
Cash and cash equivalents19.7333.6836.2444.4751.00
Capital use efficiency
Trade debtors turnover (days)365.5305.3248.8239.9218.6
Net working capital %1.0 %10.6 %19.2 %24.2 %29.0 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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