ADVODAN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADVODAN A/S
ADVODAN A/S (CVR number: 29795185) is a company from KØBENHAVN. The company reported a net sales of 13.2 mDKK in 2024, demonstrating a growth of 10.4 % compared to the previous year. The operating profit percentage was poor at -0.6 % (EBIT: -0.1 mDKK), while net earnings were 51.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.5 %, 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. ADVODAN A/S's liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 10 243.27 | 10 262.11 | 11 211.27 | 11 960.71 | 13 202.95 |
Gross profit | 4 144.33 | 4 205.55 | 4 358.69 | 5 142.33 | 5 100.02 |
EBIT | 63.56 | - 405.09 | - 340.63 | 196.55 | -84.19 |
Net earnings | 22.21 | - 345.86 | - 435.39 | 198.80 | 51.29 |
Shareholders equity total | 2 065.36 | 1 731.45 | 1 341.96 | 1 511.90 | 1 570.64 |
Balance sheet total (assets) | 4 496.37 | 6 347.74 | 5 522.87 | 7 993.88 | 3 236.74 |
Net debt | -2 974.25 | -3 444.48 | -1 452.26 | -3 502.32 | -1 575.31 |
Profitability | |||||
EBIT-% | 0.6 % | -3.9 % | -3.0 % | 1.6 % | -0.6 % |
ROA | 1.1 % | -7.5 % | -5.7 % | 3.1 % | -1.0 % |
ROE | 1.1 % | -18.2 % | -28.3 % | 13.9 % | 3.3 % |
ROI | 2.9 % | -20.4 % | -21.1 % | 13.6 % | -3.5 % |
Economic value added (EVA) | -74.21 | - 429.15 | - 494.51 | 124.10 | - 140.34 |
Solvency | |||||
Equity ratio | 45.9 % | 27.3 % | 24.3 % | 18.9 % | 48.5 % |
Gearing | 4.9 % | 2.8 % | 7.4 % | 6.0 % | 3.1 % |
Relative net indebtedness % | -6.5 % | 10.9 % | 23.4 % | 24.1 % | 0.3 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.2 | 1.2 | 1.2 | 1.8 |
Current ratio | 1.4 | 1.2 | 1.2 | 1.2 | 1.8 |
Cash and cash equivalents | 3 074.48 | 3 492.93 | 1 552.11 | 3 593.72 | 1 623.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.9 | 59.7 | 22.7 | 46.7 | 21.4 |
Net working capital % | 10.3 % | 8.7 % | 6.5 % | 9.2 % | 10.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
- Company information
- Financial data
- Credit risk data
- All 400,000+ Danish companies
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.