K/S Obton Solenergi Altar — Credit Rating and Financial Key Figures

CVR number: 37955787
Kristine Nielsens Gade 5, 8000 Aarhus C

Company information

Official name
K/S Obton Solenergi Altar
Established
2016
Company form
Limited partnership
Industry

About K/S Obton Solenergi Altar

K/S Obton Solenergi Altar (CVR number: 37955787) is a company from AARHUS. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -90.2 % compared to the previous year. The operating profit percentage was at 82.3 % (EBIT: 0.3 mDKK), while net earnings were 257.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S Obton Solenergi Altar's liquidity measured by quick ratio was 2.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales138.6367.58244.653 221.91316.50
Gross profit91.0017.68198.533 179.41260.57
EBIT91.0017.68198.533 179.41260.57
Net earnings88.3215.15181.743 163.00257.50
Shareholders equity total5 607.985 623.135 804.878 967.878 708.51
Balance sheet total (assets)6 386.686 395.796 584.879 041.908 790.72
Net debt-2.45-9.92-24.12-8.32-55.10
Profitability
EBIT-%65.6 %26.2 %81.1 %98.7 %82.3 %
ROA1.4 %0.3 %3.1 %40.7 %2.9 %
ROE1.6 %0.3 %3.2 %42.8 %2.9 %
ROI1.6 %0.3 %3.5 %42.8 %3.0 %
Economic value added (EVA)- 182.32- 262.31-81.822 890.73135.95
Solvency
Equity ratio87.8 %87.9 %88.2 %99.2 %99.1 %
Gearing
Relative net indebtedness %559.9 %1128.7 %309.0 %2.0 %8.6 %
Liquidity
Quick ratio8.78.78.91.02.1
Current ratio8.78.78.91.02.1
Cash and cash equivalents2.459.9224.128.3255.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %4054.5 %8336.5 %2376.5 %-0.0 %12.4 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:2.95%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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