Owitch ApS — Credit Rating and Financial Key Figures

CVR number: 38904485
Ligustervænget 15, Dalum 5250 Odense SV

Credit rating

Company information

Official name
Owitch ApS
Established
2017
Domicile
Dalum
Company form
Private limited company
Industry

About Owitch ApS

Owitch ApS (CVR number: 38904485) is a company from ODENSE. The company recorded a gross profit of -5.4 kDKK in 2024. The operating profit was -5.4 kDKK, while net earnings were 654.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Owitch ApS's liquidity measured by quick ratio was 11.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-17.10-18.78-9.82-9.22-5.41
EBIT-17.10-18.78-9.82-9.22-5.41
Net earnings702.11- 654.73359.60135.54654.63
Shareholders equity total7 431.016 660.276 904.876 923.417 458.04
Balance sheet total (assets)7 850.347 278.317 422.667 559.538 195.47
Net debt-5 838.11-6 452.98-7 121.30-7 412.17-8 131.72
Profitability
EBIT-%
ROA12.2 %-0.2 %4.1 %2.6 %10.8 %
ROE9.8 %-9.3 %5.3 %2.0 %9.1 %
ROI12.7 %-0.3 %4.4 %2.8 %11.9 %
Economic value added (EVA)-3.65-90.55-23.053.6820.34
Solvency
Equity ratio94.7 %91.5 %93.0 %91.6 %91.0 %
Gearing2.2 %
Relative net indebtedness %
Liquidity
Quick ratio25.211.814.311.911.1
Current ratio25.211.814.311.911.1
Cash and cash equivalents6 002.696 452.987 121.307 412.178 131.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.0%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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