ØFE ApS — Credit Rating and Financial Key Figures

CVR number: 36469234
Kronprinsessegade 20 A, 1306 København K
clauschristensen@live.dk
tel: 30204025

Credit rating

Company information

Official name
ØFE ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales140.00300.00140.00140.00140.00
Gross profit136.01295.79134.84135.08132.99
EBIT136.01295.79134.84135.08132.99
Net earnings105.94230.35103.9099.83101.45
Shareholders equity total169.41291.76285.07271.89258.94
Balance sheet total (assets)224.04474.79370.72379.91343.61
Net debt-38.99-89.74- 151.04- 331.31- 291.86
Profitability
EBIT-%97.2 %98.6 %96.3 %96.5 %95.0 %
ROA57.7 %84.7 %31.9 %36.0 %37.0 %
ROE62.6 %99.9 %36.0 %35.8 %38.2 %
ROI75.8 %122.9 %42.7 %41.6 %42.5 %
Economic value added (EVA)110.01224.6795.53100.89109.04
Solvency
Equity ratio75.6 %61.5 %76.9 %71.6 %75.4 %
Gearing5.9 %3.4 %15.7 %17.6 %19.7 %
Relative net indebtedness %4.0 %27.7 %-78.6 %-193.6 %-184.5 %
Liquidity
Quick ratio4.12.64.33.54.1
Current ratio4.12.64.33.54.1
Cash and cash equivalents49.0499.79195.72379.12342.90
Capital use efficiency
Trade debtors turnover (days)456.3456.3456.3
Net working capital %121.0 %97.3 %203.6 %194.2 %185.0 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:37.0%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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