Odense Håndbold Holding A/S — Credit Rating and Financial Key Figures

CVR number: 37329754
Lumbyvej 11 C, 5000 Odense C
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Company information

Official name
Odense Håndbold Holding A/S
Established
2015
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 total16 506.0813 393.907 223.641 599.571 509.67
Balance sheet total (assets)18 217.0313 404.849 733.644 109.574 057.59
Net debt-14 975.76-7 266.91-6 153.301 981.372 346.12
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 ratio90.6 %99.9 %74.2 %38.9 %37.2 %
Gearing156.3 %168.1 %
Relative net indebtedness %
Liquidity
Quick ratio10.31 295.03.71.51.4
Current ratio10.31 295.03.71.51.4
Cash and cash equivalents14 975.767 266.916 153.30518.63191.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-0.24%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.2%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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