OJ ELECTRONICS A/S
Credit rating
Company information
About OJ ELECTRONICS A/S
OJ ELECTRONICS A/S (CVR number: 10643597K) is a company from SØNDERBORG. The company reported a net sales of 424 mDKK in 2021, demonstrating a growth of 15.5 % compared to the previous year. The operating profit percentage was at 17.8 % (EBIT: 75.5 mDKK), while net earnings were 64.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.9 %, which can be considered excellent and Return on Equity (ROE) was 42.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OJ ELECTRONICS A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 324.00 | 327.15 | 341.65 | 367.10 | 424.00 |
Gross profit | 77.61 | 72.44 | 88.74 | 114.67 | 117.22 |
EBIT | 37.28 | 33.48 | 49.99 | 76.84 | 75.51 |
Net earnings | 26.52 | 26.74 | 39.35 | 58.02 | 64.23 |
Shareholders equity total | 114.90 | 117.94 | 117.29 | 142.82 | 159.41 |
Balance sheet total (assets) | 227.45 | 212.65 | 202.89 | 225.64 | 275.30 |
Net debt | 29.00 | 18.61 | 1.85 | -20.32 | -18.61 |
Profitability | |||||
EBIT-% | 11.5 % | 10.2 % | 14.6 % | 20.9 % | 17.8 % |
ROA | 16.9 % | 16.0 % | 24.9 % | 36.0 % | 32.9 % |
ROE | 24.6 % | 23.0 % | 33.5 % | 44.6 % | 42.5 % |
ROI | 22.4 % | 21.4 % | 32.7 % | 47.1 % | 44.8 % |
Economic value added (EVA) | 23.08 | 19.81 | 32.55 | 55.77 | 53.35 |
Solvency | |||||
Equity ratio | 50.5 % | 55.5 % | 57.8 % | 63.3 % | 57.9 % |
Gearing | 28.9 % | 20.4 % | 17.8 % | 10.6 % | 14.1 % |
Relative net indebtedness % | 26.9 % | 21.7 % | 15.4 % | 9.6 % | 13.9 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 1.4 | 1.8 | 1.3 |
Current ratio | 1.5 | 1.9 | 2.1 | 2.5 | 2.0 |
Cash and cash equivalents | 4.16 | 5.41 | 19.01 | 35.48 | 41.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 73.8 | 70.0 | 52.5 | 64.2 | 61.9 |
Net working capital % | 11.3 % | 15.5 % | 17.3 % | 23.1 % | 20.4 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AA | AAA |
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