ODIN ENERGI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ODIN ENERGI A/S
ODIN ENERGI A/S (CVR number: 15099771) is a company from KØBENHAVN. The company reported a net sales of 0.1 mEUR in 2023, demonstrating a decline of -68.7 % compared to the previous year. The operating profit percentage was at 85.2 % (EBIT: 0.1 mEUR), while net earnings were 82.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was 26.2 %, which can be considered excellent and Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ODIN ENERGI A/S's liquidity measured by quick ratio was 2.8 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -2 614.93 | - 385.50 | 231.00 | 349.50 | 109.50 |
Gross profit | -2 631.00 | - 398.69 | 229.05 | 321.69 | 93.30 |
EBIT | -2 631.00 | - 398.69 | 229.05 | 321.69 | 93.30 |
Net earnings | -2 628.09 | - 403.80 | 232.94 | 332.73 | 82.48 |
Shareholders equity total | 566.31 | 162.50 | 395.44 | 386.42 | 218.90 |
Balance sheet total (assets) | 575.45 | 170.34 | 403.21 | 505.80 | 229.07 |
Net debt | -66.73 | -49.77 | -51.71 | 40.20 | -28.57 |
Profitability | |||||
EBIT-% | 99.2 % | 92.0 % | 85.2 % | ||
ROA | -110.1 % | -106.9 % | 81.3 % | 74.1 % | 26.2 % |
ROE | -110.4 % | -110.8 % | 83.5 % | 85.1 % | 27.3 % |
ROI | -110.3 % | -109.0 % | 83.5 % | 76.9 % | 27.5 % |
Economic value added (EVA) | -2 630.73 | - 398.23 | 229.44 | 322.08 | 99.30 |
Solvency | |||||
Equity ratio | 98.4 % | 95.4 % | 98.1 % | 76.4 % | 95.6 % |
Gearing | 0.5 % | 0.0 % | 24.6 % | ||
Relative net indebtedness % | 2.3 % | 10.9 % | -19.0 % | 18.5 % | -16.8 % |
Liquidity | |||||
Quick ratio | 7.6 | 6.4 | 6.7 | 0.5 | 2.8 |
Current ratio | 7.6 | 6.4 | 6.7 | 0.5 | 2.8 |
Cash and cash equivalents | 69.45 | 49.84 | 51.71 | 54.80 | 28.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -2.3 % | -10.9 % | 19.0 % | -18.5 % | 16.8 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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