3T ODENSE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 3T ODENSE ApS
3T ODENSE ApS (CVR number: 27418961) is a company from ODENSE. The company reported a net sales of 0.5 mDKK in 2024, demonstrating a decline of -8.1 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0 mDKK), while net earnings were 0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. 3T ODENSE ApS's liquidity measured by quick ratio was 3.4 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 | 488.70 | 511.50 | 533.92 | 495.94 | 455.99 |
Gross profit | 474.89 | 425.73 | 472.81 | 427.70 | 395.19 |
EBIT | 6.12 | 8.16 | 10.25 | 4.43 | 0.81 |
Net earnings | 6.09 | 7.21 | 6.65 | 3.40 | 0.58 |
Shareholders equity total | 119.40 | 126.61 | 133.26 | 136.66 | 137.24 |
Balance sheet total (assets) | 239.05 | 206.84 | 228.29 | 206.22 | 194.61 |
Net debt | - 168.60 | - 156.30 | - 169.42 | - 163.26 | - 152.24 |
Profitability | |||||
EBIT-% | 1.3 % | 1.6 % | 1.9 % | 0.9 % | 0.2 % |
ROA | 2.7 % | 3.7 % | 4.7 % | 2.0 % | 0.4 % |
ROE | 5.2 % | 5.9 % | 5.1 % | 2.5 % | 0.4 % |
ROI | 5.3 % | 6.6 % | 7.9 % | 3.3 % | 0.6 % |
Economic value added (EVA) | 0.43 | 2.16 | 1.24 | -2.26 | -6.06 |
Solvency | |||||
Equity ratio | 49.9 % | 61.2 % | 58.4 % | 66.3 % | 70.5 % |
Gearing | |||||
Relative net indebtedness % | -10.0 % | -14.9 % | -13.9 % | -18.9 % | -20.8 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.6 | 2.4 | 3.0 | 3.4 |
Current ratio | 2.0 | 2.6 | 2.4 | 3.0 | 3.4 |
Cash and cash equivalents | 168.60 | 156.30 | 169.42 | 163.26 | 152.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 40.0 | 36.1 | 40.2 | 31.6 | 33.9 |
Net working capital % | 24.4 % | 24.8 % | 25.0 % | 27.6 % | 30.1 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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