adornments ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About adornments ApS
adornments ApS (CVR number: 37394475) is a company from SYDDJURS. The company recorded a gross profit of 740 kDKK in 2023. The operating profit was -16.2 kDKK, while net earnings were -22.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. adornments ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 572 386.00 | 615.00 | 600.00 | 874.00 | 740.04 |
EBIT | 16 774.00 | 132.00 | 30.00 | 190.00 | -16.19 |
Net earnings | 9 770.00 | 96.00 | 16.00 | 136.00 | -22.80 |
Shareholders equity total | 59 647.00 | 156.00 | 172.00 | 308.00 | 285.70 |
Balance sheet total (assets) | 304 628.00 | 464.00 | 355.00 | 528.00 | 520.19 |
Net debt | 49 838.00 | - 222.00 | - 274.00 | - 472.00 | - 477.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.7 % | 0.1 % | 7.3 % | 43.0 % | -3.1 % |
ROE | 17.8 % | 0.3 % | 9.8 % | 56.7 % | -7.7 % |
ROI | 18.5 % | 0.2 % | 15.6 % | 79.2 % | -5.5 % |
Economic value added (EVA) | 13 734.13 | 200.29 | 23.27 | 144.80 | -10.39 |
Solvency | |||||
Equity ratio | 19.6 % | 33.6 % | 48.5 % | 58.3 % | 54.9 % |
Gearing | 119.9 % | 35.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 1.9 | 2.3 | 2.1 |
Current ratio | 1.2 | 1.4 | 1.9 | 2.3 | 2.1 |
Cash and cash equivalents | 21 694.00 | 278.00 | 274.00 | 472.00 | 477.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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