Orbital Express Launch ApS — Credit Rating and Financial Key Figures

CVR number: 38106260
Kanalholmen 14, 2650 Hvidovre
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Company information

Official name
Orbital Express Launch ApS
Personnel
84 persons
Established
2016
Company form
Private limited company
Industry

About Orbital Express Launch ApS

Orbital Express Launch ApS (CVR number: 38106260) is a company from HVIDOVRE. The company recorded a gross profit of -29980.8 kDKK in 2024. The operating profit was -75.9 mDKK, while net earnings were -70.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -70.4 %, which can be considered poor and Return on Equity (ROE) was -166.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -56.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Orbital Express Launch ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 728.77
Gross profit747.742 418.255 741.03-10 771.64-29 980.80
EBIT- 617.49-8 544.31-12 951.99-45 318.78-75 900.11
Net earnings- 347.98-4 721.46-9 484.06-40 770.46-70 673.92
Shareholders equity total-2 548.60-7 270.06-16 754.12-74 857.44-55 383.36
Balance sheet total (assets)21 190.5657 591.7074 947.4142 606.1942 461.31
Net debt21 260.9644 612.9262 894.20109 883.5170 909.64
Profitability
EBIT-%-35.7 %
ROA-3.0 %-18.9 %-15.8 %-43.3 %-70.4 %
ROE-2.0 %-12.0 %-14.3 %-69.4 %-166.2 %
ROI-3.2 %-22.1 %-20.1 %-49.8 %-77.5 %
Economic value added (EVA)-1 030.97-7 069.49-11 384.41-42 226.65-72 324.92
Solvency
Equity ratio-10.7 %-11.2 %-18.3 %-63.7 %-56.6 %
Gearing-854.2 %-618.5 %-405.0 %-150.6 %-143.5 %
Relative net indebtedness %1301.0 %
Liquidity
Quick ratio9.92.11.71.10.8
Current ratio9.92.11.71.10.8
Cash and cash equivalents509.25354.944 967.772 885.228 551.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %633.9 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-70.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-56.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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