Adorn ApS

CVR number: 38253859
Vesterhavsgade 15, Vorupør 7700 Thisted
frederik@adorn.dk
tel: 31331612
www.adorn.dk

Credit rating

Company information

Official name
Adorn ApS
Personnel
1 person
Established
2016
Domicile
Vorupør
Company form
Private limited company
Industry
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About Adorn ApS

Adorn ApS (CVR number: 38253859) is a company from THISTED. The company recorded a gross profit of 909.3 kDKK in 2023. The operating profit was 285 kDKK, while net earnings were 222.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.4 %, which can be considered excellent and Return on Equity (ROE) was 53.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. Adorn ApS's liquidity measured by quick ratio was 2.4 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
20192020202120222023
Volume
Net sales
Gross profit312.00425.371 394.44909.33
EBIT152.12-89.66-70.50889.73285.03
Net earnings153.87-91.89-71.34717.54222.40
Shareholders equity total247.59155.7084.36551.90274.30
Balance sheet total (assets)465.91269.79244.801 050.00476.07
Net debt- 297.547.09- 158.21- 470.13- 342.46
Profitability
EBIT-%
ROA40.9 %-24.4 %-27.4 %137.4 %37.4 %
ROE90.2 %-45.6 %-59.4 %225.6 %53.8 %
ROI80.2 %-38.8 %-50.3 %275.6 %62.7 %
Economic value added (EVA)151.14-83.74-77.13723.04205.66
Solvency
Equity ratio53.1 %57.7 %34.5 %52.6 %57.6 %
Gearing11.3 %19.8 %11.1 %30.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.31.52.12.4
Current ratio2.12.31.52.12.4
Cash and cash equivalents325.4223.73167.56470.13426.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:37.4%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.6%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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