ØFE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ØFE ApS
ØFE ApS (CVR number: 36469234) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 95 % (EBIT: 0.1 mDKK), while net earnings were 101.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37 %, which can be considered excellent and Return on Equity (ROE) was 38.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ØFE ApS's liquidity measured by quick ratio was 4.1 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 | 140.00 | 300.00 | 140.00 | 140.00 | 140.00 |
Gross profit | 136.01 | 295.79 | 134.84 | 135.08 | 132.99 |
EBIT | 136.01 | 295.79 | 134.84 | 135.08 | 132.99 |
Net earnings | 105.94 | 230.35 | 103.90 | 99.83 | 101.45 |
Shareholders equity total | 169.41 | 291.76 | 285.07 | 271.89 | 258.94 |
Balance sheet total (assets) | 224.04 | 474.79 | 370.72 | 379.91 | 343.61 |
Net debt | -38.99 | -89.74 | - 151.04 | - 331.31 | - 291.86 |
Profitability | |||||
EBIT-% | 97.2 % | 98.6 % | 96.3 % | 96.5 % | 95.0 % |
ROA | 57.7 % | 84.7 % | 31.9 % | 36.0 % | 37.0 % |
ROE | 62.6 % | 99.9 % | 36.0 % | 35.8 % | 38.2 % |
ROI | 75.8 % | 122.9 % | 42.7 % | 41.6 % | 42.5 % |
Economic value added (EVA) | 110.01 | 224.67 | 95.53 | 100.89 | 109.04 |
Solvency | |||||
Equity ratio | 75.6 % | 61.5 % | 76.9 % | 71.6 % | 75.4 % |
Gearing | 5.9 % | 3.4 % | 15.7 % | 17.6 % | 19.7 % |
Relative net indebtedness % | 4.0 % | 27.7 % | -78.6 % | -193.6 % | -184.5 % |
Liquidity | |||||
Quick ratio | 4.1 | 2.6 | 4.3 | 3.5 | 4.1 |
Current ratio | 4.1 | 2.6 | 4.3 | 3.5 | 4.1 |
Cash and cash equivalents | 49.04 | 99.79 | 195.72 | 379.12 | 342.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 456.3 | 456.3 | 456.3 | ||
Net working capital % | 121.0 % | 97.3 % | 203.6 % | 194.2 % | 185.0 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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