M C O. ODENSE A/S
Credit rating
Company information
About M C O. ODENSE A/S
M C O. ODENSE A/S (CVR number: 35117318) is a company from ODENSE. The company recorded a gross profit of -63.9 kDKK in 2022. The operating profit was -439 kDKK, while net earnings were -699.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was -8.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M C O. ODENSE A/S's liquidity measured by quick ratio was 70.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -74.94 | -72.09 | -63.80 | -59.00 | -63.90 |
EBIT | - 548.67 | - 539.15 | - 539.89 | - 508.00 | - 438.98 |
Net earnings | - 781.71 | - 687.75 | 442.79 | 1 665.00 | - 699.40 |
Shareholders equity total | 7 265.65 | 6 481.90 | 6 828.69 | 8 398.00 | 7 602.52 |
Balance sheet total (assets) | 7 427.08 | 6 648.90 | 7 043.10 | 8 704.00 | 7 712.56 |
Net debt | - 320.08 | - 229.51 | - 124.03 | -8 646.00 | -7 629.30 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.3 % | -4.5 % | 6.5 % | 23.3 % | 6.6 % |
ROE | -10.1 % | -10.0 % | 6.7 % | 21.9 % | -8.7 % |
ROI | -3.4 % | -4.6 % | 6.7 % | 24.1 % | 6.8 % |
Economic value added (EVA) | - 946.57 | - 886.81 | - 854.05 | - 797.31 | - 426.37 |
Solvency | |||||
Equity ratio | 97.8 % | 97.5 % | 97.0 % | 96.5 % | 98.6 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 46.0 | 39.8 | 32.8 | 28.4 | 70.1 |
Current ratio | 46.0 | 39.8 | 32.8 | 28.4 | 70.1 |
Cash and cash equivalents | 320.08 | 229.98 | 124.70 | 8 649.00 | 7 629.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | C | B | BB | BB |
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