ORTEC NORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 35832122
Stationsparken 25, 2600 Glostrup
nordic@ortec.com
tel: 70705869
www.ortec.dk

Company information

Official name
ORTEC NORDIC A/S
Personnel
9 persons
Established
2014
Company form
Limited company
Industry

About ORTEC NORDIC A/S

ORTEC NORDIC A/S (CVR number: 35832122) is a company from GLOSTRUP. The company recorded a gross profit of 6930.5 kDKK in 2023. The operating profit was 882.2 kDKK, while net earnings were 597 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good and Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ORTEC NORDIC A/S's liquidity measured by quick ratio was 9.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 567.775 346.475 851.486 636.656 930.52
EBIT445.25606.50473.88720.18882.19
Net earnings209.89419.73393.93601.30596.98
Shareholders equity total4 531.074 950.795 344.725 946.026 543.00
Balance sheet total (assets)26 510.1916 076.577 050.447 235.598 452.47
Net debt20 988.098 615.70- 418.68- 451.12-1 863.87
Profitability
EBIT-%
ROA1.9 %3.0 %4.8 %11.6 %13.0 %
ROE4.7 %8.9 %7.7 %10.7 %9.6 %
ROI2.0 %3.1 %5.5 %14.7 %16.4 %
Economic value added (EVA)141.75246.38156.05304.34483.93
Solvency
Equity ratio17.1 %30.9 %80.3 %85.6 %88.4 %
Gearing467.7 %192.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.45.06.99.6
Current ratio1.21.43.95.44.3
Cash and cash equivalents204.69926.32418.68451.121 863.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.4%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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