ORBITAL HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ORBITAL HOLDING A/S
ORBITAL HOLDING A/S (CVR number: 58706116) is a company from KØBENHAVN. The company recorded a gross profit of -264.8 kDKK in 2023. The operating profit was -297.1 kDKK, while net earnings were 307.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ORBITAL HOLDING A/S's liquidity measured by quick ratio was 770.3 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 | 198.30 | 1 692.74 | - 720.41 | - 617.79 | - 264.85 |
EBIT | -65.09 | 1 438.47 | - 853.09 | - 650.09 | - 297.14 |
Net earnings | - 862.76 | 14 436.72 | -1 851.00 | - 508.56 | 307.24 |
Shareholders equity total | 20 366.51 | 34 803.23 | 32 952.23 | 32 443.67 | 32 750.92 |
Balance sheet total (assets) | 25 566.63 | 36 139.51 | 34 232.68 | 32 483.67 | 32 792.30 |
Net debt | 3 004.18 | -33 654.01 | -33 077.48 | -31 208.07 | -31 462.94 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.9 % | 46.0 % | -4.4 % | -1.3 % | 0.9 % |
ROE | -4.2 % | 52.3 % | -5.5 % | -1.6 % | 0.9 % |
ROI | -3.1 % | 48.0 % | -4.6 % | -1.3 % | 0.9 % |
Economic value added (EVA) | - 108.17 | 1 750.04 | - 909.71 | - 643.79 | - 359.23 |
Solvency | |||||
Equity ratio | 79.7 % | 96.3 % | 96.3 % | 99.9 % | 99.9 % |
Gearing | 15.6 % | 0.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 26.3 | 26.0 | 788.5 | 770.3 |
Current ratio | 0.1 | 26.3 | 26.0 | 788.5 | 770.3 |
Cash and cash equivalents | 168.61 | 33 676.54 | 33 077.48 | 31 208.07 | 31 462.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
Variable visualization
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