ØDEGAARD BILER, MIDT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ØDEGAARD BILER, MIDT A/S
ØDEGAARD BILER, MIDT A/S (CVR number: 26079292) is a company from SLAGELSE. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -15.3 kDKK, while net earnings were -69.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ØDEGAARD BILER, MIDT A/S's liquidity measured by quick ratio was 46.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 10 266.97 | 11 127.90 | 6 983.50 | 8 118.22 | |
EBIT | 1 251.59 | 1 444.82 | 988.47 | -1 932.92 | -15.33 |
Net earnings | 563.83 | 982.46 | 661.06 | -2 449.74 | -69.23 |
Shareholders equity total | 4 327.63 | 5 310.09 | 5 971.15 | 3 521.41 | 3 452.19 |
Balance sheet total (assets) | 19 194.16 | 18 480.10 | 14 240.22 | 18 014.67 | 3 528.75 |
Net debt | 10 176.96 | 2 993.42 | 2 460.08 | 6 079.53 | 0.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.2 % | 7.7 % | 6.1 % | -12.0 % | -0.1 % |
ROE | 13.9 % | 20.4 % | 11.7 % | -51.6 % | -2.0 % |
ROI | 7.5 % | 11.9 % | 10.9 % | -21.3 % | -0.1 % |
Economic value added (EVA) | 14.31 | 394.30 | 260.22 | -2 330.60 | - 493.86 |
Solvency | |||||
Equity ratio | 22.5 % | 28.7 % | 41.9 % | 19.5 % | 97.8 % |
Gearing | 235.4 % | 85.6 % | 41.8 % | 172.9 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.4 | 0.7 | 0.3 | 46.1 |
Current ratio | 1.2 | 1.3 | 1.6 | 1.2 | 46.1 |
Cash and cash equivalents | 9.99 | 1 550.11 | 37.99 | 10.58 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BB |
Variable visualization
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