DB ODENSE CITY ApS — Credit Rating and Financial Key Figures

CVR number: 34220670
Jernbanegade 28, 5000 Odense C
kenneth.gregers@danbolig.dk

Credit rating

Company information

Official name
DB ODENSE CITY ApS
Personnel
5 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About DB ODENSE CITY ApS

DB ODENSE CITY ApS (CVR number: 34220670) is a company from ODENSE. The company recorded a gross profit of 2586.2 kDKK in 2024. The operating profit was 646.7 kDKK, while net earnings were 520 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.2 %, which can be considered excellent and Return on Equity (ROE) was 110.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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. DB ODENSE CITY ApS'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 954.883 712.792 295.432 465.512 586.25
EBIT941.241 187.450.43183.06646.73
Net earnings718.45910.63-7.35151.54520.00
Shareholders equity total798.45210.63192.65344.19600.20
Balance sheet total (assets)2 568.961 110.70708.861 362.681 965.18
Net debt-2 163.71- 628.95- 377.94-1 111.07-1 598.55
Profitability
EBIT-%
ROA31.1 %64.5 %0.0 %18.9 %40.2 %
ROE88.8 %180.5 %-3.6 %56.5 %110.1 %
ROI113.2 %225.4 %0.2 %66.7 %131.2 %
Economic value added (EVA)715.37990.6321.41151.88545.06
Solvency
Equity ratio31.1 %19.0 %27.2 %25.3 %30.5 %
Gearing13.9 %4.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.11.21.31.4
Current ratio1.41.11.21.31.4
Cash and cash equivalents2 163.71628.95377.941 159.071 625.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:40.2%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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