ADVICE NETVÆRK A/S — Credit Rating and Financial Key Figures

CVR number: 11933696
Gammel Kongevej 3 E, 1610 København V
advice@adviceas.dk
tel: 33436332

Company information

Official name
ADVICE NETVÆRK A/S
Established
1988
Company form
Limited company
Industry

About ADVICE NETVÆRK A/S

ADVICE NETVÆRK A/S (CVR number: 11933696) is a company from KØBENHAVN. The company recorded a gross profit of -816.7 kDKK in 2023. The operating profit was -824.1 kDKK, while net earnings were 9036.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ADVICE NETVÆRK A/S's liquidity measured by quick ratio was 8.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1 300.67- 589.87-1 244.24- 385.42- 816.73
EBIT-1 310.86- 594.87-1 252.41- 392.76- 824.07
Net earnings8 581.404 704.7911 933.577 676.899 036.23
Shareholders equity total73 089.6877 683.8787 892.4495 569.33104 487.76
Balance sheet total (assets)79 140.0982 767.6893 070.32101 743.54111 860.64
Net debt-49 302.28-51 431.07-53 905.99-38 203.66-42 646.02
Profitability
EBIT-%
ROA14.0 %5.1 %15.7 %15.6 %5.1 %
ROE12.3 %6.2 %14.4 %8.4 %9.0 %
ROI14.7 %8.0 %16.4 %15.6 %9.4 %
Economic value added (EVA)-1 917.37-1 529.19-2 178.87-1 969.87-3 491.67
Solvency
Equity ratio92.4 %93.9 %94.4 %93.9 %93.4 %
Gearing2.4 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio11.213.012.69.58.8
Current ratio11.213.012.69.58.8
Cash and cash equivalents49 302.2851 431.0753 905.9940 526.1745 798.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:5.05%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.4%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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