ADVECTAS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ADVECTAS A/S
ADVECTAS A/S (CVR number: 36056827) is a company from VALLENSBÆK. The company reported a net sales of 3.6 mDKK in 2020, demonstrating a decline of -71 % compared to the previous year. The operating profit percentage was at 247.7 % (EBIT: 8.9 mDKK), while net earnings were 7000.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 120.4 %, which can be considered excellent and Return on Equity (ROE) was 108.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ADVECTAS A/S's liquidity measured by quick ratio was 5.6 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 958.20 | 7 346.81 | 12 746.57 | 12 402.56 | 3 596.31 |
Gross profit | 1 281.46 | 6 092.41 | 10 140.07 | 9 810.70 | 12 450.05 |
EBIT | -2 087.95 | 186.80 | 1 077.98 | 4.33 | 8 908.23 |
Net earnings | -2 175.68 | 74.82 | 1 224.23 | -82.77 | 7 000.72 |
Shareholders equity total | -1 675.68 | -1 600.85 | - 376.62 | - 459.39 | 8 141.32 |
Balance sheet total (assets) | 1 393.14 | 2 266.94 | 5 776.35 | 4 730.89 | 9 899.87 |
Net debt | - 187.04 | 1 175.90 | 1 865.70 | 2 441.54 | -9 891.61 |
Profitability | |||||
EBIT-% | -30.0 % | 2.5 % | 8.5 % | 0.0 % | 247.7 % |
ROA | -67.9 % | 6.4 % | 22.8 % | 1.2 % | 120.4 % |
ROE | -156.2 % | 4.1 % | 30.4 % | -1.6 % | 108.8 % |
ROI | 24.1 % | 49.9 % | 2.4 % | 164.1 % | |
Economic value added (EVA) | -2 090.06 | 280.40 | 1 426.51 | 65.68 | 6 966.86 |
Solvency | |||||
Equity ratio | -54.6 % | -41.4 % | -6.1 % | -8.9 % | 82.2 % |
Gearing | -115.9 % | -723.9 % | -584.4 % | ||
Relative net indebtedness % | 41.4 % | 43.4 % | 41.5 % | 39.9 % | -226.2 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.9 | 0.9 | 5.6 |
Current ratio | 0.4 | 0.6 | 0.9 | 0.9 | 5.6 |
Cash and cash equivalents | 187.04 | 679.82 | 860.74 | 242.96 | 9 891.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 55.7 | 70.7 | 111.9 | 117.2 | |
Net working capital % | -24.6 % | -22.7 % | -3.5 % | -2.7 % | 226.4 % |
Credit risk | |||||
Credit rating | C | B | BB | BB | C |
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