ODENSE AUTO-EL ApS — Credit Rating and Financial Key Figures

CVR number: 18378035
Hedvigslundsvej 2, 5000 Odense C
faktura@oae.dk
tel: 66132560
www.oae.dk

Company information

Official name
ODENSE AUTO-EL ApS
Personnel
16 persons
Established
1995
Company form
Private limited company
Industry

About ODENSE AUTO-EL ApS

ODENSE AUTO-EL ApS (CVR number: 18378035) is a company from ODENSE. The company recorded a gross profit of 8622.1 kDKK in 2023. The operating profit was 1009.1 kDKK, while net earnings were 648.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ODENSE AUTO-EL ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10 623.837 480.608 044.748 079.868 622.13
EBIT678.12574.881 325.911 226.251 009.15
Net earnings519.63365.43903.54819.51648.17
Shareholders equity total4 623.814 489.245 032.774 952.284 800.45
Balance sheet total (assets)9 326.4216 462.8014 467.4013 678.7813 399.04
Net debt-2 485.114 111.555 981.396 021.835 753.43
Profitability
EBIT-%
ROA7.7 %4.5 %8.6 %8.7 %7.5 %
ROE10.7 %8.0 %19.0 %16.4 %13.3 %
ROI13.2 %6.8 %10.8 %10.1 %8.8 %
Economic value added (EVA)301.28348.35708.34529.10344.68
Solvency
Equity ratio49.6 %27.3 %34.8 %36.2 %35.8 %
Gearing3.5 %163.7 %145.9 %132.6 %129.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.41.11.0
Current ratio1.91.72.62.32.1
Cash and cash equivalents2 647.363 237.621 360.91542.47452.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:7.45%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.8%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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