Credit rating
Company information
About ODIN DANMARK ApS
ODIN DANMARK ApS (CVR number: 28680511) is a company from KERTEMINDE. The company recorded a gross profit of 356.5 kDKK in 2023. The operating profit was 194 kDKK, while net earnings were 1860 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. ODIN DANMARK ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -36.27 | 148.98 | 81.78 | 357.33 | 356.52 |
EBIT | - 354.69 | - 166.85 | - 215.53 | - 242.67 | 194.04 |
Net earnings | 3 747.01 | 1 582.91 | 4 935.04 | -4 364.22 | 1 859.97 |
Shareholders equity total | 25 488.45 | 26 960.57 | 31 895.60 | 27 531.39 | 29 391.36 |
Balance sheet total (assets) | 42 897.93 | 45 007.47 | 49 885.60 | 44 976.70 | 46 791.96 |
Net debt | -4 849.55 | -6 478.63 | -11 522.39 | -7 113.38 | -9 636.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.0 % | 6.7 % | 15.2 % | 0.3 % | 7.0 % |
ROE | 15.8 % | 6.0 % | 16.8 % | -14.7 % | 6.5 % |
ROI | 14.1 % | 6.8 % | 15.4 % | 0.3 % | 7.1 % |
Economic value added (EVA) | - 240.28 | - 347.00 | - 345.40 | - 357.72 | -27.90 |
Solvency | |||||
Equity ratio | 59.4 % | 59.9 % | 63.9 % | 61.2 % | 62.8 % |
Gearing | 65.5 % | 64.3 % | 54.8 % | 62.7 % | 58.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.4 | 1.7 | 1.5 | 1.6 |
Current ratio | 1.3 | 1.4 | 1.7 | 1.5 | 1.6 |
Cash and cash equivalents | 21 534.67 | 23 809.19 | 29 013.44 | 24 365.28 | 26 846.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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