OFIN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OFIN ApS
OFIN ApS (CVR number: 32146805) is a company from KOLDING. The company recorded a gross profit of -19.4 kDKK in 2023. The operating profit was -19.4 kDKK, while net earnings were -196.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.7 %, 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. OFIN 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 | -21.10 | -20.08 | -16.89 | -10.02 | -19.38 |
EBIT | -21.10 | -20.08 | -16.89 | -10.02 | -19.38 |
Net earnings | 295.04 | - 151.05 | 232.84 | - 315.05 | - 196.84 |
Shareholders equity total | 6 303.29 | 6 041.64 | 6 161.48 | 5 732.02 | 8 044.89 |
Balance sheet total (assets) | 9 849.10 | 11 404.48 | 11 745.73 | 11 250.53 | 14 446.63 |
Net debt | 3 188.54 | 5 042.41 | 5 412.85 | 5 350.69 | 6 109.76 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 2.8 % | 3.2 % | -0.7 % | 1.1 % |
ROE | 4.8 % | -2.4 % | 3.8 % | -5.3 % | -2.9 % |
ROI | 4.1 % | 2.8 % | 3.3 % | -0.7 % | 1.1 % |
Economic value added (EVA) | -90.04 | - 246.49 | - 237.65 | - 234.25 | - 230.71 |
Solvency | |||||
Equity ratio | 64.0 % | 53.0 % | 52.5 % | 50.9 % | 55.7 % |
Gearing | 52.0 % | 83.8 % | 87.9 % | 93.4 % | 78.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 1.9 | 1.8 | 1.8 | 1.6 |
Current ratio | 2.5 | 1.9 | 1.8 | 1.8 | 1.6 |
Cash and cash equivalents | 92.16 | 18.84 | 0.71 | 0.68 | 198.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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