OG Esports A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About OG Esports A/S
OG Esports A/S (CVR number: 40035885) is a company from KØBENHAVN. The company recorded a gross profit of 815.7 kEUR in 2023. The operating profit was -1126.2 kEUR, while net earnings were -832.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -20.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.9 %, 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. OG Esports A/S's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 15 420.25 | ||||
Gross profit | 15 059.50 | 646.49 | 116.89 | 3 508.84 | 815.74 |
EBIT | 1 805.61 | - 562.11 | - 483.87 | 776.77 | -1 126.25 |
Net earnings | 364.42 | -1 433.65 | -48.53 | 1 095.70 | - 832.47 |
Shareholders equity total | 418.07 | -1 015.59 | 3 856.48 | 4 952.18 | 3 072.94 |
Balance sheet total (assets) | 13 542.19 | 1 080.23 | 7 467.51 | 8 442.03 | 7 693.54 |
Net debt | - 373.29 | 865.21 | -4 980.79 | -4 751.59 | -1 224.34 |
Profitability | |||||
EBIT-% | 11.7 % | ||||
ROA | 13.4 % | 7.5 % | -7.2 % | 11.9 % | -5.2 % |
ROE | 87.2 % | -191.4 % | -2.0 % | 24.9 % | -20.7 % |
ROI | 384.2 % | -190.4 % | -11.9 % | 26.0 % | -16.0 % |
Economic value added (EVA) | 1 281.99 | - 524.78 | - 279.69 | 754.00 | - 921.18 |
Solvency | |||||
Equity ratio | 3.1 % | -48.5 % | 51.6 % | 58.7 % | 39.9 % |
Gearing | 12.8 % | -109.7 % | 10.8 % | 15.7 % | 88.1 % |
Relative net indebtedness % | 82.3 % | ||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 2.1 | 2.4 | 1.8 |
Current ratio | 1.0 | 0.9 | 2.1 | 2.4 | 1.8 |
Cash and cash equivalents | 426.86 | 248.94 | 5 396.22 | 5 529.51 | 3 930.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 309.9 | ||||
Net working capital % | 3.1 % | ||||
Credit risk | |||||
Credit rating | BB | B | BBB | A | BBB |
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