ODICO A/S
Credit rating
Company information
About ODICO A/S
ODICO A/S (CVR number: 32306497K) is a company from ODENSE. The company reported a net sales of 10.5 mDKK in 2022, demonstrating a decline of -28.8 % compared to the previous year. The operating profit percentage was poor at -194.9 % (EBIT: -20.4 mDKK), while net earnings were -20.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -51.8 %, which can be considered poor and Return on Equity (ROE) was -83.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.5 %, 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. ODICO A/S's liquidity measured by quick ratio was 0.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 017.56 | 5 087.35 | 10 289.36 | 14 722.35 | 10 474.98 |
Gross profit | - 899.22 | 179.18 | 5 817.43 | 3 058.02 | 3 960.01 |
EBIT | -8 021.61 | -9 166.66 | -6 687.99 | -11 707.73 | -20 418.71 |
Net earnings | -6 278.67 | -7 236.14 | -7 349.52 | -11 646.02 | -20 575.92 |
Shareholders equity total | 21 936.24 | 14 700.10 | 46 632.61 | 34 986.60 | 14 410.68 |
Balance sheet total (assets) | 26 723.60 | 28 345.16 | 60 325.02 | 49 127.74 | 29 704.43 |
Net debt | -4 420.96 | 8 836.76 | -24 075.02 | -10 810.34 | 8 467.38 |
Profitability | |||||
EBIT-% | -159.9 % | -180.2 % | -65.0 % | -79.5 % | -194.9 % |
ROA | -0.0 % | -33.3 % | -15.1 % | -21.4 % | -51.8 % |
ROE | -0.0 % | -39.5 % | -24.0 % | -28.5 % | -83.3 % |
ROI | -0.0 % | -39.5 % | -17.8 % | -25.2 % | -63.6 % |
Economic value added (EVA) | 89 735.17 | -8 030.73 | -7 814.96 | -12 522.56 | -21 205.33 |
Solvency | |||||
Equity ratio | 82.1 % | 42.6 % | 77.3 % | 71.2 % | 48.5 % |
Gearing | 0.2 % | 76.8 % | 10.4 % | 13.2 % | 59.6 % |
Relative net indebtedness % | -33.3 % | 302.1 % | -150.6 % | -8.8 % | 144.9 % |
Liquidity | |||||
Quick ratio | 3.4 | 0.6 | 4.2 | 2.4 | 0.5 |
Current ratio | 3.4 | 0.7 | 4.6 | 2.7 | 0.7 |
Cash and cash equivalents | 4 457.72 | 2 456.39 | 28 942.68 | 15 430.82 | 115.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 220.3 | 30.3 | 16.9 | 68.1 | 109.1 |
Net working capital % | 134.7 % | -83.6 % | 282.5 % | 104.9 % | -25.1 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BB |
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