Off World Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 38777521
Vesterbrogade 36, 1620 København V
Mi@ahnhem.com

Credit rating

Company information

Official name
Off World Denmark ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About Off World Denmark ApS

Off World Denmark ApS (CVR number: 38777521) is a company from KØBENHAVN. The company recorded a gross profit of 1291.8 kDKK in 2024. The operating profit was 70.9 kDKK, while net earnings were 54.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 83.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Off World Denmark ApS's liquidity measured by quick ratio was 6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 729.281 360.771 195.901 279.641 291.79
EBIT423.60119.8663.9760.9770.87
Net earnings322.4885.9740.3236.4354.38
Shareholders equity total356.51442.48482.80519.23573.61
Balance sheet total (assets)752.46675.31561.45748.66685.24
Net debt- 601.99- 554.35- 188.98- 678.79- 546.18
Profitability
EBIT-%
ROA94.9 %16.8 %10.3 %9.4 %10.2 %
ROE165.1 %21.5 %8.7 %7.3 %10.0 %
ROI176.0 %25.6 %12.9 %12.2 %13.3 %
Economic value added (EVA)324.2669.4116.8911.9427.21
Solvency
Equity ratio47.4 %65.5 %86.0 %69.4 %83.7 %
Gearing18.9 %15.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.86.93.26.0
Current ratio1.82.86.93.26.0
Cash and cash equivalents669.49621.85188.98678.79546.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.7%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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