K/S Obton Solenergi Linde — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S Obton Solenergi Linde
K/S Obton Solenergi Linde (CVR number: 37115789) is a company from AARHUS. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of -100.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -444 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was -21.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. K/S Obton Solenergi Linde'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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -1 077.54 | -1 479.79 | - 491.86 | 2 396.63 | -6.61 |
Gross profit | -1 128.35 | -1 534.54 | - 544.17 | 2 342.06 | -61.05 |
EBIT | -1 128.35 | -1 534.54 | - 544.17 | 2 342.06 | -61.05 |
Net earnings | -1 132.13 | -1 538.28 | - 548.12 | 2 338.04 | - 444.04 |
Shareholders equity total | 2 005.32 | 467.04 | -81.08 | 2 256.96 | 1 812.92 |
Balance sheet total (assets) | 3 451.22 | 4 212.14 | 4 194.96 | 6 554.49 | 6 088.73 |
Net debt | -2.04 | -10.84 | -8.43 | -8.34 | -41.41 |
Profitability | |||||
EBIT-% | 97.7 % | ||||
ROA | -28.9 % | -40.0 % | -12.8 % | 43.2 % | 5.0 % |
ROE | -44.0 % | -124.4 % | -23.5 % | 72.5 % | -21.8 % |
ROI | -43.0 % | -118.8 % | -189.6 % | 72.0 % | -7.1 % |
Economic value added (EVA) | -1 286.01 | -1 635.31 | - 567.64 | 2 346.14 | - 174.47 |
Solvency | |||||
Equity ratio | 58.1 % | 11.1 % | -1.9 % | 34.4 % | 29.8 % |
Gearing | |||||
Relative net indebtedness % | -134.0 % | -252.3 % | -867.7 % | 179.0 % | -64070.3 % |
Liquidity | |||||
Quick ratio | 2.4 | 1.1 | 1.0 | 0.1 | 0.5 |
Current ratio | 2.4 | 1.1 | 1.0 | 0.1 | 0.5 |
Cash and cash equivalents | 2.04 | 10.84 | 8.43 | 8.34 | 41.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -184.8 % | -30.4 % | 19.7 % | -3.6 % | 513.1 % |
Credit risk | |||||
Credit rating | BB | B | B | A | BBB |
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