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MICHAEL ODSGARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33394861
Tulipanvej 8, 2600 Glostrup
mod@odsgard.dk
Free credit report Annual report

Company information

Official name
MICHAEL ODSGARD HOLDING ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About MICHAEL ODSGARD HOLDING ApS

MICHAEL ODSGARD HOLDING ApS (CVR number: 33394861) is a company from GLOSTRUP. The company recorded a gross profit of -18.7 kDKK in 2024. The operating profit was -20.5 kDKK, while net earnings were 713 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.9 %, 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. MICHAEL ODSGARD HOLDING ApS's liquidity measured by quick ratio was 0.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-12.78-14.52195.41-3.27-18.68
EBIT-12.78-14.52-5.08-39.61-20.45
Net earnings986.96460.6996.33106.58712.98
Shareholders equity total1 847.212 194.892 176.832 165.612 756.59
Balance sheet total (assets)5 095.125 589.944 576.574 459.965 210.52
Net debt744.34483.12- 511.79-1.98503.91
Profitability
EBIT-%
ROA25.4 %19.7 %3.6 %5.1 %16.6 %
ROE70.0 %22.8 %4.4 %4.9 %29.0 %
ROI26.2 %20.5 %4.0 %5.8 %17.5 %
Economic value added (EVA)- 195.25- 253.36- 245.36- 223.29- 221.99
Solvency
Equity ratio36.3 %39.3 %47.6 %48.6 %52.9 %
Gearing160.7 %117.9 %76.7 %90.7 %82.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.90.90.90.9
Current ratio0.70.90.90.90.9
Cash and cash equivalents2 224.412 103.632 180.571 965.111 776.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:16.6%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.9%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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