OFIN ApS — Credit Rating and Financial Key Figures

CVR number: 32146805
Rytterknægten 6, 6000 Kolding
nilssj@post10.tele.dk
tel: 75505057

Credit rating

Company information

Official name
OFIN ApS
Established
2009
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings295.04- 151.05232.84- 315.05- 196.84
Shareholders equity total6 303.296 041.646 161.485 732.028 044.89
Balance sheet total (assets)9 849.1011 404.4811 745.7311 250.5314 446.63
Net debt3 188.545 042.415 412.855 350.696 109.76
Profitability
EBIT-%
ROA4.1 %2.8 %3.2 %-0.7 %1.1 %
ROE4.8 %-2.4 %3.8 %-5.3 %-2.9 %
ROI4.1 %2.8 %3.3 %-0.7 %1.1 %
Economic value added (EVA)-90.04- 246.49- 237.65- 234.25- 230.71
Solvency
Equity ratio64.0 %53.0 %52.5 %50.9 %55.7 %
Gearing52.0 %83.8 %87.9 %93.4 %78.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.91.81.81.6
Current ratio2.51.91.81.81.6
Cash and cash equivalents92.1618.840.710.68198.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:1.08%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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