OCEAN PROPERTIES ApS — Credit Rating and Financial Key Figures

CVR number: 21350273
Østergade 57, 1100 København K
finance@mamarosa.com
tel: 33195519

Credit rating

Company information

Official name
OCEAN PROPERTIES ApS
Personnel
4 persons
Established
1998
Company form
Private limited company
Industry

About OCEAN PROPERTIES ApS

OCEAN PROPERTIES ApS (CVR number: 21350273) is a company from KØBENHAVN. The company recorded a gross profit of 6315.8 kDKK in 2023. The operating profit was 5061.5 kDKK, while net earnings were 1780.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 45.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OCEAN PROPERTIES ApS's liquidity measured by quick ratio was 8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 090.465 800.135 677.496 021.886 315.82
EBIT5 030.4111 813.1415 826.6728 792.735 061.50
Net earnings1 326.966 639.609 652.1520 123.141 780.68
Shareholders equity total53 383.6658 204.8973 454.85111 859.01108 333.34
Balance sheet total (assets)184 906.75192 961.98205 192.36246 087.30242 187.01
Net debt103 940.94103 338.5594 620.1197 120.3495 879.96
Profitability
EBIT-%
ROA3.0 %6.3 %8.1 %12.9 %3.1 %
ROE2.5 %11.9 %14.7 %21.7 %1.6 %
ROI3.1 %6.5 %8.3 %13.2 %3.2 %
Economic value added (EVA)-3 552.431 539.344 181.2513 980.33-6 326.50
Solvency
Equity ratio29.3 %30.6 %36.1 %45.8 %45.2 %
Gearing201.1 %185.1 %138.7 %92.1 %94.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.72.35.88.0
Current ratio1.11.31.64.14.4
Cash and cash equivalents3 438.094 406.117 253.495 928.366 448.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:3.15%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.2%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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