ØGADENS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ØGADENS ApS
ØGADENS ApS (CVR number: 29208727) is a company from KØBENHAVN. The company recorded a gross profit of 4161.7 kDKK in 2023. The operating profit was -578.7 kDKK, while net earnings were -575.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -27.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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. ØGADENS ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 542.59 | 5 635.90 | 4 999.54 | 6 134.08 | 4 161.70 |
EBIT | 1 645.09 | 228.27 | - 497.23 | 2 899.94 | - 578.69 |
Net earnings | 1 450.38 | 183.29 | - 383.45 | 2 486.07 | - 575.11 |
Shareholders equity total | 3 002.57 | 3 185.86 | 2 802.40 | 2 346.87 | 1 771.76 |
Balance sheet total (assets) | 5 991.58 | 6 552.71 | 6 983.27 | 7 168.37 | 5 973.09 |
Net debt | 1 138.63 | 628.36 | 824.80 | 2 434.32 | 2 524.96 |
Profitability | |||||
EBIT-% | |||||
ROA | 33.5 % | 4.0 % | -7.0 % | 45.8 % | -2.3 % |
ROE | 63.7 % | 5.9 % | -12.8 % | 96.6 % | -27.9 % |
ROI | 53.4 % | 5.8 % | -11.2 % | 68.6 % | -2.9 % |
Economic value added (EVA) | 1 205.95 | 30.72 | - 526.11 | 2 152.93 | - 618.75 |
Solvency | |||||
Equity ratio | 50.1 % | 48.6 % | 40.1 % | 32.7 % | 29.7 % |
Gearing | 42.1 % | 35.4 % | 37.0 % | 134.2 % | 160.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.9 | 1.6 | 1.5 | 1.3 |
Current ratio | 1.8 | 1.9 | 1.6 | 1.5 | 1.3 |
Cash and cash equivalents | 125.18 | 498.77 | 212.95 | 715.25 | 315.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
Variable visualization
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