O.R. TRADING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About O.R. TRADING ApS
O.R. TRADING ApS (CVR number: 79477915) is a company from ODENSE. The company recorded a gross profit of -67.4 kDKK in 2023. The operating profit was -398.2 kDKK, while net earnings were -329.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62 %, 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. O.R. TRADING ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 75.37 | -9.72 | -53.83 | 23.79 | -67.45 |
EBIT | -40.14 | -7.29 | 542.50 | -97.97 | - 398.24 |
Net earnings | 204.72 | -65.97 | 393.69 | - 146.40 | - 329.19 |
Shareholders equity total | 9 447.17 | 9 206.20 | 9 199.89 | 8 878.48 | 8 449.30 |
Balance sheet total (assets) | 16 105.28 | 16 220.89 | 16 150.20 | 16 011.94 | 13 659.47 |
Net debt | 4 060.95 | 4 215.18 | 4 408.82 | 4 531.49 | 1 205.37 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.3 % | -0.0 % | 3.4 % | -0.6 % | -2.7 % |
ROE | 2.2 % | -0.7 % | 4.3 % | -1.6 % | -3.8 % |
ROI | -0.3 % | -0.0 % | 3.6 % | -0.6 % | -2.8 % |
Economic value added (EVA) | - 441.02 | - 678.58 | - 204.93 | - 753.85 | - 916.69 |
Solvency | |||||
Equity ratio | 59.0 % | 59.0 % | 57.3 % | 55.8 % | 62.0 % |
Gearing | 50.6 % | 50.7 % | 49.4 % | 51.5 % | 30.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.7 | 0.2 | 0.1 | 1.8 |
Current ratio | 1.0 | 0.4 | 0.2 | 0.1 | 1.7 |
Cash and cash equivalents | 720.96 | 449.57 | 138.45 | 41.61 | 1 397.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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