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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 -365.3 kDKK in 2024. The operating profit was -397.5 kDKK, while net earnings were 182.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.8 %, 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 546.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 692.74 | - 720.41 | - 617.79 | - 264.85 | - 365.25 |
| EBIT | 1 438.47 | - 853.09 | - 650.09 | - 297.14 | - 397.55 |
| Net earnings | 14 436.72 | -1 851.00 | - 508.56 | 307.24 | 182.19 |
| Shareholders equity total | 34 803.23 | 32 952.23 | 32 443.67 | 32 750.92 | 32 933.10 |
| Balance sheet total (assets) | 36 139.51 | 34 232.68 | 32 483.67 | 32 792.30 | 32 991.86 |
| Net debt | -33 654.01 | -33 077.48 | -31 208.07 | -31 462.94 | -31 845.25 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 46.0 % | -4.4 % | -1.3 % | 0.9 % | 0.6 % |
| ROE | 52.3 % | -5.5 % | -1.6 % | 0.9 % | 0.6 % |
| ROI | 48.0 % | -4.6 % | -1.3 % | 0.9 % | 0.6 % |
| Economic value added (EVA) | 587.13 | -2 603.09 | -2 305.94 | -1 927.44 | -2 043.28 |
| Solvency | |||||
| Equity ratio | 96.3 % | 96.3 % | 99.9 % | 99.9 % | 99.8 % |
| Gearing | 0.1 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 26.3 | 26.0 | 788.5 | 770.3 | 546.5 |
| Current ratio | 26.3 | 26.0 | 788.5 | 770.3 | 546.5 |
| Cash and cash equivalents | 33 676.54 | 33 077.48 | 31 208.07 | 31 462.94 | 31 845.25 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BBB | BBB | BBB |
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