MC Odense Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 18080281
Hvidkærvej 44, Højme 5250 Odense SV
tel: 66175515

Credit rating

Company information

Official name
MC Odense Ejendomme A/S
Established
1994
Domicile
Højme
Company form
Limited company
Industry

About MC Odense Ejendomme A/S

MC Odense Ejendomme A/S (CVR number: 18080281) is a company from ODENSE. The company recorded a gross profit of 233.8 kDKK in 2023. The operating profit was 129.2 kDKK, while net earnings were 543.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70 %, 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. MC Odense Ejendomme A/S's liquidity measured by quick ratio was 3.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit32.09240.02215.55246.74233.80
EBIT-72.68135.43110.97142.14129.21
Net earnings462.11-61.5622.42278.05543.48
Shareholders equity total3 134.983 073.423 095.842 933.893 227.37
Balance sheet total (assets)4 765.184 483.964 409.534 136.684 611.55
Net debt635.50398.92299.25179.83-98.29
Profitability
EBIT-%
ROA11.3 %0.4 %2.0 %9.3 %14.0 %
ROE15.9 %-2.0 %0.7 %9.2 %17.6 %
ROI11.3 %0.4 %2.0 %9.5 %14.2 %
Economic value added (EVA)- 277.93- 130.78- 133.72- 104.74- 104.31
Solvency
Equity ratio65.8 %68.5 %70.2 %70.9 %70.0 %
Gearing48.2 %39.6 %36.9 %36.3 %38.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.37.69.07.33.2
Current ratio4.37.69.07.33.2
Cash and cash equivalents874.70817.30842.12885.181 335.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.0%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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