Ørsted Salg & Service A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ørsted Salg & Service A/S
Ørsted Salg & Service A/S (CVR number: 27210538) is a company from FREDERICIA. The company reported a net sales of 38840 mDKK in 2018, demonstrating a growth of 8.3 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 446 mDKK), while net earnings were -134 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ørsted Salg & Service A/S's liquidity measured by quick ratio was 1.5 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 32 566.00 | 35 864.00 | 38 840.00 |
Gross profit | 1 310.00 | 1 308.00 | 667.00 |
EBIT | 1 101.00 | 1 064.00 | 446.00 |
Net earnings | 792.00 | 799.00 | - 134.00 |
Shareholders equity total | 8 715.00 | 9 514.00 | 9 381.00 |
Balance sheet total (assets) | 40 550.00 | 24 718.00 | 27 953.00 |
Net debt | 1 186.00 | 1 349.00 | 1 243.00 |
Profitability | |||
EBIT-% | 3.4 % | 3.0 % | 1.1 % |
ROA | 6.2 % | 5.0 % | 3.1 % |
ROE | 9.1 % | 8.8 % | -1.4 % |
ROI | 25.4 % | 15.3 % | 5.8 % |
Economic value added (EVA) | 931.62 | 380.76 | -94.99 |
Solvency | |||
Equity ratio | 21.5 % | 38.5 % | 33.6 % |
Gearing | 9.7 % | 15.7 % | 23.1 % |
Relative net indebtedness % | 98.8 % | 42.0 % | 45.4 % |
Liquidity | |||
Quick ratio | 1.3 | 1.8 | 1.5 |
Current ratio | 1.3 | 1.9 | 1.7 |
Cash and cash equivalents | - 341.00 | 142.00 | 920.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | 407.4 | 44.9 | 29.3 |
Net working capital % | 30.0 % | 31.3 % | 25.4 % |
Credit risk | |||
Credit rating | BB | A | BBB |
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