OTICON A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 689.28 | 5 656.27 | 5 765.89 | 7 825.80 | 7 675.26 |
Gross profit | 2 144.68 | 3 694.86 | 3 704.93 | 4 871.10 | 4 958.13 |
EBIT | 306.08 | 2 077.78 | 1 826.45 | 2 866.84 | 2 915.08 |
Net earnings | 165.42 | 1 525.32 | 1 370.50 | 1 875.85 | 2 128.55 |
Shareholders equity total | 2 262.89 | 3 205.88 | 3 990.94 | 5 053.85 | 6 354.30 |
Balance sheet total (assets) | 6 414.12 | 7 226.62 | 7 853.59 | 8 995.41 | 10 022.44 |
Net debt | 3 079.12 | 2 898.42 | 2 345.51 | 2 027.48 | 1 609.21 |
Profitability | |||||
EBIT-% | 8.3 % | 36.7 % | 31.7 % | 36.6 % | 38.0 % |
ROA | 5.8 % | 32.8 % | 27.2 % | 35.7 % | 32.6 % |
ROE | 6.9 % | 55.8 % | 38.1 % | 41.5 % | 37.3 % |
ROI | 6.3 % | 36.8 % | 30.6 % | 40.2 % | 37.1 % |
Economic value added (EVA) | 199.91 | 1 584.11 | 1 272.13 | 2 064.91 | 2 057.16 |
Solvency | |||||
Equity ratio | 35.3 % | 44.4 % | 50.8 % | 56.2 % | 63.4 % |
Gearing | 148.0 % | 90.8 % | 59.0 % | 40.2 % | 25.5 % |
Relative net indebtedness % | 101.7 % | 68.8 % | 54.5 % | 39.7 % | 36.6 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 1.6 | 2.0 | 2.5 |
Current ratio | 1.2 | 1.5 | 2.0 | 2.4 | 3.0 |
Cash and cash equivalents | 270.13 | 13.47 | 10.19 | 1.82 | 12.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.8 | 9.0 | 13.0 | 10.4 | 8.5 |
Net working capital % | 24.0 % | 31.7 % | 52.9 % | 52.3 % | 69.6 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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