AMADA DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AMADA DENMARK A/S
AMADA DENMARK A/S (CVR number: 14227547) is a company from HORSENS. The company reported a net sales of 86 mDKK in 2023, demonstrating a decline of -3.3 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 2.8 mDKK), while net earnings were 2129.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 58.6 %, 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. AMADA DENMARK A/S's liquidity measured by quick ratio was 1.8 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 | 70.44 | 53.50 | 79.46 | 88.89 | 85.95 |
Gross profit | 14.69 | 13.28 | 19.73 | 19.83 | 18.22 |
EBIT | 2.29 | 3.00 | 7.29 | 4.90 | 2.83 |
Net earnings | 1.81 | 2.39 | 5.46 | 3.77 | 2.13 |
Shareholders equity total | 10.40 | 11.52 | 15.31 | 15.26 | 14.75 |
Balance sheet total (assets) | 43.98 | 36.31 | 55.44 | 47.20 | 33.04 |
Net debt | -0.41 | -1.59 | -8.58 | -5.03 | -0.96 |
Profitability | |||||
EBIT-% | 3.2 % | 5.6 % | 9.2 % | 5.5 % | 3.3 % |
ROA | 6.3 % | 8.0 % | 16.1 % | 9.8 % | 7.2 % |
ROE | 18.6 % | 21.8 % | 40.7 % | 24.7 % | 14.2 % |
ROI | 8.5 % | 11.5 % | 24.4 % | 15.5 % | 11.4 % |
Economic value added (EVA) | 2.01 | 2.79 | 5.84 | 4.41 | 2.33 |
Solvency | |||||
Equity ratio | 29.4 % | 36.9 % | 37.2 % | 43.7 % | 58.6 % |
Gearing | 182.4 % | 114.7 % | 121.1 % | 86.1 % | 38.4 % |
Relative net indebtedness % | 18.8 % | 17.2 % | 14.9 % | 14.1 % | 12.4 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.4 | 1.5 | 1.7 | 1.8 |
Current ratio | 1.3 | 1.5 | 1.4 | 1.5 | 1.7 |
Cash and cash equivalents | 19.39 | 14.81 | 27.12 | 18.16 | 6.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.5 | 69.8 | 42.2 | 46.2 | 29.7 |
Net working capital % | 14.9 % | 20.5 % | 20.4 % | 18.4 % | 13.8 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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