ADW ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADW ApS
ADW ApS (CVR number: 39044269) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -18.8 kDKK in 2023. The operating profit was -18.8 kDKK, while net earnings were -18.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -75.1 %, which can be considered poor and Return on Equity (ROE) was -127.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.3 %, 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. ADW ApS's liquidity measured by quick ratio was 1.5 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 | 328.73 | 87.99 | -29.53 | -22.47 | -18.85 |
| EBIT | -95.45 | - 256.37 | -30.07 | -22.47 | -18.85 |
| Net earnings | -74.66 | - 200.29 | -23.58 | -46.12 | -18.85 |
| Shareholders equity total | 94.22 | - 106.07 | - 129.65 | 24.23 | 5.38 |
| Balance sheet total (assets) | 169.84 | 116.61 | 77.89 | 34.53 | 15.68 |
| Net debt | -41.07 | 107.71 | 183.44 | -21.44 | -5.69 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -47.8 % | -130.6 % | -14.0 % | -18.6 % | -75.1 % |
| ROE | -56.8 % | -190.0 % | -24.2 % | -90.3 % | -127.3 % |
| ROI | -61.1 % | -167.8 % | -16.7 % | -20.2 % | -124.8 % |
| Economic value added (EVA) | -73.61 | - 200.18 | -15.36 | -8.73 | -18.97 |
| Solvency | |||||
| Equity ratio | 55.5 % | -47.6 % | -62.5 % | 70.2 % | 34.3 % |
| Gearing | 51.9 % | -153.2 % | -152.4 % | 1.2 % | 5.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.2 | 0.5 | 0.4 | 3.4 | 1.5 |
| Current ratio | 2.2 | 0.5 | 0.4 | 3.4 | 1.5 |
| Cash and cash equivalents | 89.93 | 54.84 | 14.11 | 21.73 | 5.99 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | BB | B | BB |
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