Organon Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Organon Denmark ApS
Organon Denmark ApS (CVR number: 41193093) is a company from KØBENHAVN. The company reported a net sales of 63.9 mDKK in 2023, demonstrating a growth of 3.1 % compared to the previous year. The operating profit percentage was at 5.3 % (EBIT: 3.4 mDKK), while net earnings were 2924 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. Organon Denmark 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 49.24 | 50.98 | 61.97 | 63.90 |
Gross profit | 4.40 | 8.58 | 11.94 | 11.90 |
EBIT | 1.70 | 1.25 | 2.86 | 3.41 |
Net earnings | 1.34 | 0.86 | 2.14 | 2.92 |
Shareholders equity total | 22.67 | 24.42 | 26.56 | 29.48 |
Balance sheet total (assets) | 62.90 | 55.50 | 44.00 | 45.25 |
Net debt | 32.30 | 8.09 | -0.41 | -12.01 |
Profitability | ||||
EBIT-% | 3.5 % | 2.5 % | 4.6 % | 5.3 % |
ROA | 2.7 % | 2.1 % | 5.9 % | 8.9 % |
ROE | 5.9 % | 3.6 % | 8.4 % | 10.4 % |
ROI | 3.1 % | 2.4 % | 6.6 % | 10.5 % |
Economic value added (EVA) | 1.33 | -0.23 | 1.68 | 1.86 |
Solvency | ||||
Equity ratio | 36.0 % | 44.0 % | 60.4 % | 65.2 % |
Gearing | 142.7 % | 96.3 % | 44.1 % | 21.1 % |
Relative net indebtedness % | 81.6 % | 26.3 % | 8.1 % | -5.5 % |
Liquidity | ||||
Quick ratio | 1.6 | 1.9 | 2.5 | 3.0 |
Current ratio | 1.6 | 1.9 | 2.5 | 3.0 |
Cash and cash equivalents | 0.04 | 15.42 | 12.11 | 18.23 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 57.8 | 180.3 | 157.3 | 120.6 |
Net working capital % | 46.7 % | 51.2 % | 42.4 % | 46.9 % |
Credit risk | ||||
Credit rating | BBB | A | AA | AA |
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