Othania Capital A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Othania Capital A/S
Othania Capital A/S (CVR number: 37540382) is a company from RUDERSDAL. The company recorded a gross profit of -393.2 kDKK in 2023. The operating profit was -3312.5 kDKK, while net earnings were -1114.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.8 %, which can be considered poor and Return on Equity (ROE) was -18.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Othania Capital A/S's liquidity measured by quick ratio was 5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 455.01 | 523.00 | 711.34 | - 454.58 | - 393.18 |
EBIT | 276.09 | 252.59 | - 569.01 | -3 809.23 | -3 312.46 |
Net earnings | 1 187.95 | - 170.99 | 11 574.75 | -2 125.99 | -1 114.50 |
Shareholders equity total | 2 169.09 | 1 998.11 | 13 572.86 | 7 096.87 | 4 790.53 |
Balance sheet total (assets) | 2 190.45 | 2 115.56 | 17 027.86 | 9 806.20 | 5 026.36 |
Net debt | - 993.28 | - 938.97 | 1 152.77 | 1 886.52 | - 207.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 67.6 % | -5.0 % | 120.2 % | -17.2 % | -20.8 % |
ROE | 75.4 % | -8.2 % | 148.7 % | -20.6 % | -18.8 % |
ROI | 69.2 % | -5.1 % | 126.9 % | -17.9 % | -21.4 % |
Economic value added (EVA) | 409.27 | 262.09 | - 412.69 | -3 015.07 | -2 397.06 |
Solvency | |||||
Equity ratio | 99.0 % | 94.4 % | 79.7 % | 72.4 % | 95.3 % |
Gearing | 18.8 % | 35.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 60.3 | 12.1 | 1.4 | 0.4 | 5.0 |
Current ratio | 60.3 | 12.1 | 1.4 | 0.4 | 5.0 |
Cash and cash equivalents | 993.28 | 938.97 | 1 401.67 | 630.21 | 207.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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