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ADFORM A/S — Credit Rating and Financial Key Figures

CVR number: 26434815
Rosenborggade 15, 1130 København K
tel: 35357100
www.adform.com
Free credit report
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Credit rating

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: 26434815) is a company from KØBENHAVN. The company reported a net sales of 79 mEUR in 2023, demonstrating a decline of -0.4 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 1.5 mEUR), while net earnings were 3523 kEUR. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.1 %, 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 1.3 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

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Net sales (mEUR)

EBIT (mEUR)

Profitability

Solidity

Key figures (mEUR)

See financials
2019
2020
2021
2022
2023
Volume
Net sales64.7365.9477.4979.2978.95
Gross profit58.3360.8671.0972.1276.83
EBIT-7.490.257.273.881.46
Net earnings-6.741.4211.205.113.52
Shareholders equity total19.9321.5030.9435.9039.47
Balance sheet total (assets)128.88115.20124.82115.22130.53
Net debt-18.39-15.28-24.27-24.41-20.50
Profitability
EBIT-%-11.6 %0.4 %9.4 %4.9 %1.9 %
ROA-1.4 %4.2 %10.0 %10.3 %7.1 %
ROE-9.9 %6.9 %42.7 %15.3 %9.3 %
ROI-5.7 %17.8 %45.9 %32.1 %16.0 %
Economic value added (EVA)-6.80-0.824.081.15-1.16
Solvency
Equity ratio15.5 %18.7 %25.1 %31.7 %31.1 %
Gearing29.2 %56.5 %
Relative net indebtedness %139.9 %118.9 %89.8 %56.0 %61.1 %
Liquidity
Quick ratio1.11.01.11.21.3
Current ratio1.11.01.11.21.2
Cash and cash equivalents18.3915.2824.2734.9042.79
Capital use efficiency
Trade debtors turnover (days)337.2371.9301.6233.4254.1
Net working capital %9.6 %-2.0 %10.1 %21.3 %28.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:7.06%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:31.1%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
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Roles

Chairman of the board

Companies in the same industry

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