ADP EMPLOYER SERVICES DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 36051477
Lyskær 3 C, 2730 Herlev

Credit rating

Company information

Official name
ADP EMPLOYER SERVICES DENMARK ApS
Personnel
3 persons
Established
2014
Company form
Private limited company
Industry

About ADP EMPLOYER SERVICES DENMARK ApS

ADP EMPLOYER SERVICES DENMARK ApS (CVR number: 36051477) is a company from HERLEV. The company recorded a gross profit of 3305.7 kDKK in 2023. The operating profit was 187.3 kDKK, while net earnings were 159.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 21.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.7 %, 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. ADP EMPLOYER SERVICES DENMARK ApS's liquidity measured by quick ratio was 2.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 096.481 785.642 383.363 072.253 305.69
EBIT104.0682.68113.77163.18187.29
Net earnings77.8557.7677.07119.74159.22
Shareholders equity total417.23475.01552.08671.82831.04
Balance sheet total (assets)1 233.491 164.081 195.131 295.601 414.74
Net debt- 800.37- 983.78- 761.33- 986.13-1 034.55
Profitability
EBIT-%
ROA9.7 %6.9 %9.6 %13.1 %15.6 %
ROE20.6 %12.9 %15.0 %19.6 %21.2 %
ROI22.4 %13.1 %18.6 %26.7 %28.1 %
Economic value added (EVA)84.3483.62110.42134.34158.13
Solvency
Equity ratio33.8 %40.8 %46.2 %51.9 %58.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.02.41.92.22.5
Current ratio2.02.41.92.22.5
Cash and cash equivalents800.37983.78761.33986.131 034.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.6%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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