ORTOWEAR ApS — Credit Rating and Financial Key Figures

CVR number: 31605822
Mukkerten 21, 6715 Esbjerg N
cjr@mpac.biz
tel: 46934652
Free credit report Annual report

Credit rating

Company information

Official name
ORTOWEAR ApS
Personnel
7 persons
Established
2008
Company form
Private limited company
Industry

About ORTOWEAR ApS

ORTOWEAR ApS (CVR number: 31605822) is a company from ESBJERG. The company recorded a gross profit of 4549.1 kDKK in 2024. The operating profit was 897.4 kDKK, while net earnings were -11 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.8 %, which can be considered excellent but Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ORTOWEAR ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 018.133 639.063 269.573 687.254 549.12
EBIT713.01951.28348.60549.00897.44
Net earnings562.42833.28279.9694.16-10.99
Shareholders equity total709.04962.32742.27436.43425.44
Balance sheet total (assets)2 542.592 738.732 657.663 631.975 349.30
Net debt-1 626.12-1 096.60-1 080.031 527.042 848.99
Profitability
EBIT-%
ROA26.2 %40.8 %13.5 %17.7 %22.8 %
ROE64.1 %99.7 %32.8 %16.0 %-2.6 %
ROI82.1 %128.7 %42.4 %41.2 %32.9 %
Economic value added (EVA)500.63707.58224.10393.51538.52
Solvency
Equity ratio27.9 %35.1 %27.9 %12.0 %8.0 %
Gearing0.4 %0.6 %349.9 %669.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.10.90.40.6
Current ratio1.51.41.20.60.8
Cash and cash equivalents1 626.121 100.901 084.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:22.8%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.95%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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