ADPASSION ApS — Credit Rating and Financial Key Figures

CVR number: 10131162
Blegdamsvej 6, 2200 København N
renep@adpassion.dk
tel: 33322970

Company information

Official name
ADPASSION ApS
Personnel
5 persons
Established
2003
Company form
Private limited company
Industry

About ADPASSION ApS

ADPASSION ApS (CVR number: 10131162) is a company from KØBENHAVN. The company recorded a gross profit of 4458.9 kDKK in 2023. The operating profit was 1422.6 kDKK, while net earnings were 1136.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 27.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ADPASSION ApS's liquidity measured by quick ratio was 4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 873.175 035.164 423.684 382.704 458.85
EBIT1 276.931 826.821 060.971 250.311 422.63
Net earnings1 274.292 081.98909.561 035.831 136.11
Shareholders equity total2 890.914 172.883 482.443 918.274 454.38
Balance sheet total (assets)3 903.285 692.874 804.425 642.335 837.54
Net debt-1 223.62- 602.73- 889.64-1 166.16-1 177.65
Profitability
EBIT-%
ROA42.5 %56.2 %25.2 %26.1 %25.5 %
ROE50.9 %58.9 %23.8 %28.0 %27.1 %
ROI54.6 %76.4 %34.6 %36.0 %34.2 %
Economic value added (EVA)984.711 330.78662.80842.83978.92
Solvency
Equity ratio74.1 %73.3 %72.5 %69.4 %76.3 %
Gearing4.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.24.53.12.94.0
Current ratio4.24.53.12.94.0
Cash and cash equivalents1 223.62602.73889.641 356.041 177.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.3%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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