O. B. DEVELOPMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About O. B. DEVELOPMENT A/S
O. B. DEVELOPMENT A/S (CVR number: 32672752) is a company from KOLDING. The company reported a net sales of 0 mDKK in 2023. The operating profit percentage was at 47.8 % (EBIT: 0 mDKK), while net earnings were 12 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. O. B. DEVELOPMENT A/S's liquidity measured by quick ratio was 24.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 300.00 | 225.00 | 25.00 | ||
Gross profit | 77.11 | -18.67 | -15.76 | 11.95 | |
EBIT | 77.11 | 7.05 | -18.80 | -15.76 | 11.95 |
Net earnings | 60.09 | 31.53 | 23.32 | -21.85 | 11.95 |
Shareholders equity total | 1 872.23 | 1 903.77 | 1 953.16 | 1 931.31 | 1 943.27 |
Balance sheet total (assets) | 1 897.66 | 2 015.86 | 2 044.98 | 1 997.46 | 2 022.65 |
Net debt | - 192.11 | -12.48 | - 251.44 | -0.46 | -0.42 |
Profitability | |||||
EBIT-% | 25.7 % | -8.4 % | 47.8 % | ||
ROA | 4.1 % | 2.3 % | 1.5 % | -0.8 % | 0.6 % |
ROE | 3.3 % | 1.7 % | 1.2 % | -1.1 % | 0.6 % |
ROI | 4.2 % | 2.4 % | 1.6 % | -0.8 % | 0.6 % |
Economic value added (EVA) | -30.88 | -79.03 | - 109.71 | - 101.27 | -85.07 |
Solvency | |||||
Equity ratio | 98.7 % | 94.4 % | 95.5 % | 96.7 % | 96.1 % |
Gearing | |||||
Relative net indebtedness % | -55.6 % | -70.9 % | 315.8 % | ||
Liquidity | |||||
Quick ratio | 72.3 | 14.7 | 21.6 | 29.2 | 24.7 |
Current ratio | 72.3 | 14.7 | 21.6 | 29.2 | 24.7 |
Cash and cash equivalents | 192.11 | 12.48 | 251.44 | 0.46 | 0.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.4 | 365.0 | |||
Net working capital % | 604.1 % | 839.2 % | 7513.1 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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