Odense Håndbold Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Odense Håndbold Holding A/S
Odense Håndbold Holding A/S (CVR number: 37329754) is a company from ODENSE. The company recorded a gross profit of -76.2 kDKK in 2023. The operating profit was -76.2 kDKK, while net earnings were -89.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. Odense Håndbold Holding A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -27.50 | -76.18 | -77.27 | -76.91 | -76.21 |
| EBIT | -1 727.50 | -2 876.17 | -6 228.31 | -5 576.91 | -76.21 |
| Net earnings | -1 168.38 | -3 112.18 | -6 170.26 | -5 624.08 | -89.90 |
| Shareholders equity total | 16 506.08 | 13 393.90 | 7 223.64 | 1 599.57 | 1 509.67 |
| Balance sheet total (assets) | 18 217.03 | 13 404.84 | 9 733.64 | 4 109.57 | 4 057.59 |
| Net debt | -14 975.76 | -7 266.91 | -6 153.30 | 1 981.37 | 2 346.12 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -5.1 % | -19.2 % | -53.2 % | -81.1 % | -0.2 % |
| ROE | -6.8 % | -20.8 % | -59.9 % | -127.5 % | -5.8 % |
| ROI | -6.5 % | -20.3 % | -59.7 % | -99.1 % | -0.2 % |
| Economic value added (EVA) | -1 531.44 | -2 889.88 | -6 492.76 | -5 590.21 | -90.04 |
| Solvency | |||||
| Equity ratio | 90.6 % | 99.9 % | 74.2 % | 38.9 % | 37.2 % |
| Gearing | 156.3 % | 168.1 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 10.3 | 1 295.0 | 3.7 | 1.5 | 1.4 |
| Current ratio | 10.3 | 1 295.0 | 3.7 | 1.5 | 1.4 |
| Cash and cash equivalents | 14 975.76 | 7 266.91 | 6 153.30 | 518.63 | 191.80 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BB | BB |
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