ARMADAN A/S — Credit Rating and Financial Key Figures

CVR number: 16920436
Tempovej 18-22, 2750 Ballerup

Company information

Official name
ARMADAN A/S
Personnel
12 persons
Established
1993
Company form
Limited company
Industry

About ARMADAN A/S

ARMADAN A/S (CVR number: 16920436) is a company from BALLERUP. The company recorded a gross profit of 17.8 mDKK in 2024. The operating profit was 5632.8 kDKK, while net earnings were 4397.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 27.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.9 %, 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. ARMADAN A/S's liquidity measured by quick ratio was 1.1 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 profit9 062.8111 346.1713 844.4016 659.9017 827.27
EBIT1 565.532 976.073 690.445 367.785 632.83
Net earnings1 173.562 313.162 759.604 116.164 397.25
Shareholders equity total9 848.658 161.819 921.4114 037.5818 434.82
Balance sheet total (assets)18 214.1924 204.2534 793.7135 765.2948 628.50
Net debt1 974.779 956.6717 350.5415 757.9322 269.22
Profitability
EBIT-%
ROA8.8 %14.1 %12.5 %15.4 %13.6 %
ROE12.7 %25.7 %30.5 %34.4 %27.1 %
ROI12.3 %19.7 %10.9 %13.7 %16.2 %
Economic value added (EVA)536.071 736.901 957.392 798.212 882.61
Solvency
Equity ratio54.1 %33.7 %74.0 %39.2 %37.9 %
Gearing21.6 %122.1 %175.0 %112.4 %120.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.17.61.11.1
Current ratio2.31.511.51.61.6
Cash and cash equivalents147.887.9414.7125.3317.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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