K/S ODENSE DETAIL — Credit Rating and Financial Key Figures

CVR number: 31948657
Klosterplads 2, 5700 Svendborg
michael@holmsberg.dk

Credit rating

Company information

Official name
K/S ODENSE DETAIL
Established
2009
Company form
Limited partnership
Industry

About K/S ODENSE DETAIL

K/S ODENSE DETAIL (CVR number: 31948657) is a company from SVENDBORG. The company recorded a gross profit of 2089.5 kDKK in 2023. The operating profit was -1584.1 kDKK, while net earnings were -1791.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -9.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K/S ODENSE DETAIL's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 117.602 143.152 184.96
Gross profit1 884.371 907.471 993.141 948.442 089.54
EBIT2 219.762 211.832 449.532 883.20-1 584.06
Net earnings1 696.201 940.772 203.962 673.02-1 791.67
Shareholders equity total14 146.0816 086.8518 290.8120 963.8318 372.16
Balance sheet total (assets)30 999.2631 430.1231 874.7633 501.2429 433.18
Net debt14 114.2112 488.7111 165.959 638.249 161.13
Profitability
EBIT-%104.8 %103.2 %112.1 %
ROA7.2 %7.1 %7.7 %8.8 %-5.0 %
ROE12.8 %12.8 %12.8 %13.6 %-9.1 %
ROI7.6 %7.7 %8.1 %8.9 %-5.1 %
Economic value added (EVA)772.55865.541 067.601 452.62-3 072.77
Solvency
Equity ratio45.6 %51.2 %57.4 %62.6 %62.4 %
Gearing102.1 %79.8 %62.9 %50.9 %53.3 %
Relative net indebtedness %780.4 %699.8 %606.5 %
Liquidity
Quick ratio0.20.20.20.70.5
Current ratio0.20.20.20.70.5
Cash and cash equivalents327.65344.58332.841 024.56630.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-72.8 %-64.5 %-48.9 %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-5.03%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.4%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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