OTTO ENERGY (GALOC INVESTMENT 2) ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OTTO ENERGY (GALOC INVESTMENT 2) ApS
OTTO ENERGY (GALOC INVESTMENT 2) ApS (CVR number: 33155735) is a company from GLADSAXE. The company reported a net sales of -0 mUSD in 2023, demonstrating a growth of -99.6 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mUSD), while net earnings were -107.6 kUSD. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -26.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.9 %, 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. OTTO ENERGY (GALOC INVESTMENT 2) ApS's liquidity measured by quick ratio was 3 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 770.56 | 5 141.91 | -3 520.52 | -15.52 | |
Gross profit | 761.84 | -3.05 | 4 988.13 | -3 586.91 | -59.44 |
EBIT | -2 038.16 | -3.05 | 4 988.13 | -3 586.91 | -59.44 |
Net earnings | -2 038.16 | 4 305.87 | 3 612.55 | -8 722.62 | - 107.63 |
Shareholders equity total | 769.06 | 17 074.93 | 20 687.49 | 454.42 | 346.79 |
Balance sheet total (assets) | 28 614.90 | 32 931.42 | 38 203.99 | 1 905.37 | 434.23 |
Net debt | 27 840.12 | 15 856.01 | 16 135.21 | -1 535.58 | - 259.49 |
Profitability | |||||
EBIT-% | -264.5 % | 97.0 % | |||
ROA | -6.9 % | 14.0 % | 14.0 % | 9.3 % | -3.5 % |
ROE | -114.0 % | 48.3 % | 19.1 % | -82.5 % | -26.9 % |
ROI | -6.9 % | 14.0 % | 14.3 % | -46.4 % | -19.5 % |
Economic value added (EVA) | - 861.05 | 1 174.50 | 4 409.34 | -2 713.27 | -1 375.11 |
Solvency | |||||
Equity ratio | 2.7 % | 51.8 % | 54.2 % | 23.8 % | 79.9 % |
Gearing | 3620.1 % | 92.9 % | 78.0 % | ||
Relative net indebtedness % | 3613.7 % | 340.7 % | 2.4 % | 1108.6 % | |
Liquidity | |||||
Quick ratio | 0.2 | 0.0 | 0.0 | 1.1 | 3.0 |
Current ratio | 0.2 | 0.0 | 0.0 | 1.1 | 3.0 |
Cash and cash equivalents | 0.47 | 0.47 | 0.47 | 1 535.58 | 259.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -3041.1 % | -338.1 % | -2.7 % | -1108.6 % | |
Credit risk | |||||
Credit rating | BBB | A | AA | BB | BB |
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