Oticon Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 42338028
Kongebakken 9, 2765 Smørum
info@oticon.dk
tel: 39277988

Company information

Official name
Oticon Denmark A/S
Personnel
59 persons
Established
1972
Company form
Limited company
Industry

About Oticon Denmark A/S

Oticon Denmark A/S (CVR number: 42338028) is a company from EGEDAL. The company recorded a gross profit of 42.5 mDKK in 2024. The operating profit was 8960 kDKK, while net earnings were 6134 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 21.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Oticon Denmark A/S's liquidity measured by quick ratio was 1.5 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 profit43 620.0036 868.0037 732.0034 732.0042 508.00
EBIT5 850.006 759.005 443.002 466.008 960.00
Net earnings4 265.004 784.005 280.001 599.006 134.00
Shareholders equity total14 175.0018 959.0024 239.0025 838.0031 972.00
Balance sheet total (assets)64 525.0066 753.0095 560.0086 325.0083 926.00
Net debt29 116.0018 236.0043 821.0035 680.0025 074.00
Profitability
EBIT-%
ROA9.5 %10.3 %9.1 %3.6 %12.3 %
ROE35.4 %28.9 %24.4 %6.4 %21.2 %
ROI11.8 %13.4 %11.2 %4.3 %15.2 %
Economic value added (EVA)1 970.402 437.241 707.70-2 239.733 242.50
Solvency
Equity ratio22.0 %28.4 %25.4 %29.9 %38.1 %
Gearing205.4 %96.2 %180.8 %139.2 %78.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.01.11.21.5
Current ratio3.51.81.61.72.1
Cash and cash equivalents297.006.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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