OTICON A/S — Credit Rating and Financial Key Figures

CVR number: 42334219
Kongebakken 9, 2765 Smørum
tel: 39277900
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Company information

Official name
OTICON A/S
Personnel
1645 persons
Established
1957
Company form
Limited company
Industry

About OTICON A/S

OTICON A/S (CVR number: 42334219) is a company from EGEDAL. The company reported a net sales of 7675.3 mDKK in 2024, demonstrating a decline of -1.9 % compared to the previous year. The operating profit percentage was at 38 % (EBIT: 2915.1 mDKK), while net earnings were 2128.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.6 %, which can be considered excellent and Return on Equity (ROE) was 37.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.4 %, 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. OTICON A/S's liquidity measured by quick ratio was 2.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales3 689.285 656.275 765.897 825.807 675.26
Gross profit2 144.683 694.863 704.934 871.104 958.13
EBIT306.082 077.781 826.452 866.842 915.08
Net earnings165.421 525.321 370.501 875.852 128.55
Shareholders equity total2 262.893 205.883 990.945 053.856 354.30
Balance sheet total (assets)6 414.127 226.627 853.598 995.4110 022.44
Net debt3 079.122 898.422 345.512 027.481 609.21
Profitability
EBIT-%8.3 %36.7 %31.7 %36.6 %38.0 %
ROA5.8 %32.8 %27.2 %35.7 %32.6 %
ROE6.9 %55.8 %38.1 %41.5 %37.3 %
ROI6.3 %36.8 %30.6 %40.2 %37.1 %
Economic value added (EVA)199.911 584.111 272.132 064.912 057.16
Solvency
Equity ratio35.3 %44.4 %50.8 %56.2 %63.4 %
Gearing148.0 %90.8 %59.0 %40.2 %25.5 %
Relative net indebtedness %101.7 %68.8 %54.5 %39.7 %36.6 %
Liquidity
Quick ratio1.01.21.62.02.5
Current ratio1.21.52.02.43.0
Cash and cash equivalents270.1313.4710.191.8212.12
Capital use efficiency
Trade debtors turnover (days)14.89.013.010.48.5
Net working capital %24.0 %31.7 %52.9 %52.3 %69.6 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:32.6%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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