Odense Håndbold A/S — Credit Rating and Financial Key Figures

CVR number: 35395008
Lumbyvej 11 C, 5000 Odense C
Free credit report Annual report

Company information

Official name
Odense Håndbold A/S
Personnel
44 persons
Established
2013
Company form
Limited company
Industry

About Odense Håndbold A/S

Odense Håndbold A/S (CVR number: 35395008) is a company from ODENSE. The company recorded a gross profit of 16.4 mDKK in 2024. The operating profit was -6030.5 kDKK, while net earnings were -6104.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -86.5 %, which can be considered poor and Return on Equity (ROE) was -147.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -13.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Odense Håndbold A/S'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 profit15 716.5415 427.6215 724.1316 927.5216 414.26
EBIT183.93249.16- 885.68-3 659.83-6 030.48
Net earnings85.5259.51- 977.48-3 737.23-6 104.25
Shareholders equity total2 391.122 450.632 223.15735.93- 868.32
Balance sheet total (assets)10 186.536 635.066 530.955 523.967 523.44
Net debt-1 200.51-1 790.91126.99- 457.331 326.02
Profitability
EBIT-%
ROA1.8 %2.9 %-13.5 %-60.7 %-86.5 %
ROE3.8 %2.5 %-41.8 %-252.6 %-147.8 %
ROI7.3 %10.2 %-37.0 %-235.9 %-578.0 %
Economic value added (EVA)80.63129.00-1 008.82-3 778.64-6 067.46
Solvency
Equity ratio25.2 %45.0 %39.2 %15.0 %-13.1 %
Gearing6.4 %-155.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.81.41.20.9
Current ratio1.21.31.11.10.7
Cash and cash equivalents1 200.511 790.9114.30457.3320.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-86.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-13.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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