ADAPA FLEXIBLES DENMARK BJERT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADAPA FLEXIBLES DENMARK BJERT A/S
ADAPA FLEXIBLES DENMARK BJERT A/S (CVR number: 10082773) is a company from KOLDING. The company recorded a gross profit of 8123 kDKK in 2023. The operating profit was -4045 kDKK, while net earnings were -4634 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -7.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.2 %, 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. ADAPA FLEXIBLES DENMARK BJERT A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 17 165.00 | 20 403.00 | 22 690.00 | 15 154.00 | 8 123.00 |
EBIT | 1 577.00 | 4 509.00 | 5 776.00 | 3 062.00 | -4 045.00 |
Net earnings | 949.00 | 3 194.00 | 4 488.00 | 1 314.00 | -4 634.00 |
Shareholders equity total | 27 968.00 | 31 162.00 | 60 648.00 | 61 962.00 | 57 328.00 |
Balance sheet total (assets) | 77 765.00 | 83 883.00 | 105 848.00 | 103 877.00 | 98 544.00 |
Net debt | 41 614.00 | 41 693.00 | 30 445.00 | 28 992.00 | 32 485.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 5.6 % | 6.1 % | 3.0 % | -4.0 % |
ROE | 3.5 % | 10.8 % | 9.8 % | 2.1 % | -7.8 % |
ROI | 2.3 % | 6.2 % | 7.0 % | 3.4 % | -4.4 % |
Economic value added (EVA) | - 736.17 | 1 484.89 | 2 600.21 | -1 513.73 | -6 771.96 |
Solvency | |||||
Equity ratio | 36.0 % | 37.1 % | 57.3 % | 59.6 % | 58.2 % |
Gearing | 148.9 % | 135.2 % | 50.8 % | 46.8 % | 56.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.6 | 1.2 | 0.4 | 0.5 |
Current ratio | 0.9 | 1.1 | 2.1 | 1.5 | 1.2 |
Cash and cash equivalents | 21.00 | 453.00 | 377.00 | 6.00 | 6.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AAA | AAA | AAA | A |
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