Abcedo Management A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Abcedo Management A/S
Abcedo Management A/S (CVR number: 42362077) is a company from KØBENHAVN. The company reported a net sales of 2.3 mDKK in 2023, demonstrating a growth of 214 % compared to the previous year. The operating profit percentage was poor at -47.7 % (EBIT: -1.1 mDKK), while net earnings were -1062 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.6 %, which can be considered poor and Return on Equity (ROE) was -27.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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. Abcedo Management A/S's liquidity measured by quick ratio was 3.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 308.00 | 728.00 | 2 286.00 |
Gross profit | -1 229.00 | -2 222.00 | 111.00 |
EBIT | -1 635.00 | -2 864.00 | -1 090.00 |
Net earnings | -1 288.00 | -2 881.00 | -1 062.00 |
Shareholders equity total | 2 214.00 | 4 333.00 | 3 271.00 |
Balance sheet total (assets) | 2 631.00 | 5 786.00 | 4 563.00 |
Net debt | -1 909.00 | -4 465.00 | -2 714.00 |
Profitability | |||
EBIT-% | -530.8 % | -393.4 % | -47.7 % |
ROA | -62.1 % | -68.1 % | -20.6 % |
ROE | -58.2 % | -88.0 % | -27.9 % |
ROI | -73.8 % | -87.5 % | -28.0 % |
Economic value added (EVA) | -1 277.06 | -2 879.33 | -1 079.28 |
Solvency | |||
Equity ratio | 84.2 % | 74.9 % | 71.7 % |
Gearing | |||
Relative net indebtedness % | -484.4 % | -413.7 % | -62.2 % |
Liquidity | |||
Quick ratio | 6.3 | 4.0 | 3.5 |
Current ratio | 6.3 | 4.0 | 3.5 |
Cash and cash equivalents | 1 909.00 | 4 465.00 | 2 714.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 718.8 % | 595.2 % | 143.1 % |
Credit risk | |||
Credit rating | BB | BB | B |
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