Adorn ApS — Credit Rating and Financial Key Figures

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

Company information

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

About Adorn ApS

Adorn ApS (CVR number: 38253859) is a company from THISTED. The company recorded a gross profit of 741 kDKK in 2024. The operating profit was 121.9 kDKK, while net earnings were 88.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.3 %, which can be considered excellent and Return on Equity (ROE) was 44.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Adorn ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit312.00425.371 394.44909.33740.99
EBIT-89.66-70.50889.73285.03121.87
Net earnings-91.89-71.34717.54222.4088.06
Shareholders equity total155.7084.36551.90274.30121.36
Balance sheet total (assets)269.79244.801 050.00476.07420.58
Net debt7.09- 158.21- 470.13- 342.46- 143.29
Profitability
EBIT-%
ROA-24.4 %-27.4 %137.4 %37.4 %27.3 %
ROE-45.6 %-59.4 %225.6 %53.8 %44.5 %
ROI-38.8 %-50.3 %275.6 %62.7 %34.6 %
Economic value added (EVA)- 103.50-79.88714.15194.5976.22
Solvency
Equity ratio57.7 %34.5 %52.6 %57.6 %28.9 %
Gearing19.8 %11.1 %30.5 %186.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.52.12.41.4
Current ratio2.31.52.12.41.4
Cash and cash equivalents23.73167.56470.13426.04370.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:27.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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