ADVICE NETVÆRK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 8 581.40 | 4 704.79 | 11 933.57 | 7 676.89 | 9 036.23 |
Shareholders equity total | 73 089.68 | 77 683.87 | 87 892.44 | 95 569.33 | 104 487.76 |
Balance sheet total (assets) | 79 140.09 | 82 767.68 | 93 070.32 | 101 743.54 | 111 860.64 |
Net debt | -49 302.28 | -51 431.07 | -53 905.99 | -38 203.66 | -42 646.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.0 % | 5.1 % | 15.7 % | 15.6 % | 5.1 % |
ROE | 12.3 % | 6.2 % | 14.4 % | 8.4 % | 9.0 % |
ROI | 14.7 % | 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 ratio | 92.4 % | 93.9 % | 94.4 % | 93.9 % | 93.4 % |
Gearing | 2.4 % | 3.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 11.2 | 13.0 | 12.6 | 9.5 | 8.8 |
Current ratio | 11.2 | 13.0 | 12.6 | 9.5 | 8.8 |
Cash and cash equivalents | 49 302.28 | 51 431.07 | 53 905.99 | 40 526.17 | 45 798.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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