Origo Systems ApS

CVR number: 26098688
Sjællandsgade 72, 8000 Aarhus C
o@origo.io
tel: 88193400
https://origo.io

Credit rating

Company information

Official name
Origo Systems ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry
  • Expand more icon63Information service activities

About the company

Origo Systems ApS (CVR number: 26098688) is a company from AARHUS. The company recorded a gross profit of 1462.2 kDKK in 2023, demonstrating a growth of 90.4 % compared to the previous year. The operating profit was 769.7 kDKK, while net earnings were 230.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28.4 %, 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. Origo Systems ApS's liquidity measured by quick ratio was 0 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales1 599.53
Gross profit- 339.04251.37627.50767.811 462.15
EBIT-1 584.77-1 034.24- 471.13- 594.69769.66
Net earnings-1 598.62-1 061.68- 586.60- 850.06230.30
Shareholders equity total12 420.3511 358.6710 772.079 922.0110 152.30
Balance sheet total (assets)28 612.9127 524.7636 133.1135 757.3235 789.39
Net debt15 429.9915 542.0024 449.4924 953.0824 994.96
Profitability
EBIT-%-37.2 %
ROA-5.8 %-3.4 %-1.4 %-1.7 %2.2 %
ROE-12.1 %-8.9 %-5.3 %-8.2 %2.3 %
ROI-5.9 %-3.5 %-1.4 %-1.7 %2.2 %
Economic value added (EVA)-2 764.02-2 431.19-1 815.07-2 266.17- 856.58
Solvency
Equity ratio43.4 %41.3 %29.9 %27.8 %28.4 %
Gearing124.2 %136.8 %227.6 %251.5 %246.2 %
Relative net indebtedness %1597.1 %
Liquidity
Quick ratio11.110.40.00.00.0
Current ratio11.110.40.00.00.0
Cash and cash equivalents65.22
Capital use efficiency
Trade debtors turnover (days)1.5
Net working capital %-173.3 %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:2.15%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.4%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-04T14:01:21.465Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.