Ørestad Flyt ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ørestad Flyt ApS
Ørestad Flyt ApS (CVR number: 40535756) is a company from TÅRNBY. The company recorded a gross profit of 122.1 kDKK in 2023. The operating profit was -102.5 kDKK, while net earnings were -82.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.7 %, which can be considered poor and Return on Equity (ROE) was -31.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ørestad Flyt ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.00 | 829.62 | 375.11 | 230.96 | 122.10 |
EBIT | -5.00 | 59.23 | - 100.56 | - 165.87 | - 102.47 |
Net earnings | -5.00 | 24.75 | -93.58 | - 130.74 | -82.92 |
Shareholders equity total | 35.00 | 59.75 | -33.83 | - 164.57 | - 247.50 |
Balance sheet total (assets) | 40.00 | 603.76 | 286.95 | 240.86 | 289.54 |
Net debt | -89.33 | 97.04 | 288.78 | 214.69 | |
Profitability | |||||
EBIT-% | |||||
ROA | -12.5 % | 18.4 % | -21.8 % | -45.6 % | -21.7 % |
ROE | -14.3 % | 52.2 % | -54.0 % | -49.5 % | -31.3 % |
ROI | -14.3 % | 29.5 % | -31.8 % | -57.6 % | -33.0 % |
Economic value added (EVA) | -5.00 | 40.30 | -73.67 | - 119.43 | -71.35 |
Solvency | |||||
Equity ratio | 87.5 % | 9.9 % | -10.5 % | -40.6 % | -46.1 % |
Gearing | 513.3 % | -785.2 % | -188.0 % | -126.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.0 | 1.0 | 0.8 | 0.4 | 0.5 |
Current ratio | 8.0 | 1.0 | 0.8 | 0.4 | 0.5 |
Cash and cash equivalents | 396.06 | 168.60 | 20.66 | 97.29 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BB |
Variable visualization
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