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MULTI TEKNIK ODENSE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MULTI TEKNIK ODENSE ApS
MULTI TEKNIK ODENSE ApS (CVR number: 20558342) is a company from ODENSE. The company recorded a gross profit of 301.9 kDKK in 2024. The operating profit was -109.9 kDKK, while net earnings were -126.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -18.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MULTI TEKNIK ODENSE ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 101.74 | 390.53 | 185.15 | 255.51 | 301.88 |
| EBIT | - 235.30 | -24.37 | -35.30 | - 158.39 | - 109.87 |
| Net earnings | - 187.45 | -46.41 | -46.37 | - 142.63 | - 126.32 |
| Shareholders equity total | 970.63 | 924.22 | 877.85 | 735.22 | 608.90 |
| Balance sheet total (assets) | 1 505.21 | 1 207.98 | 1 162.78 | 1 020.53 | 821.13 |
| Net debt | - 251.72 | - 409.57 | - 270.89 | -49.25 | -1.21 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -15.2 % | -1.8 % | -2.9 % | -13.7 % | -11.6 % |
| ROE | -17.6 % | -4.9 % | -5.1 % | -17.7 % | -18.8 % |
| ROI | -18.5 % | -2.1 % | -3.3 % | -16.7 % | -15.5 % |
| Economic value added (EVA) | - 251.34 | -82.66 | -86.36 | - 198.44 | - 147.67 |
| Solvency | |||||
| Equity ratio | 64.5 % | 76.5 % | 75.5 % | 72.0 % | 74.2 % |
| Gearing | 26.0 % | 16.7 % | 17.7 % | 2.3 % | 3.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 2.5 | 2.0 | 1.0 | 0.7 |
| Current ratio | 2.7 | 4.1 | 3.9 | 3.4 | 3.7 |
| Cash and cash equivalents | 503.95 | 564.08 | 426.29 | 66.33 | 22.53 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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