JOHN ØDEGAARD HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JOHN ØDEGAARD HOLDING A/S
JOHN ØDEGAARD HOLDING A/S (CVR number: 29203024) is a company from KØBENHAVN. The company recorded a gross profit of -78 kDKK in 2024. The operating profit was -441.9 kDKK, while net earnings were -18.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was -25.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JOHN ØDEGAARD HOLDING A/S's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 85.12 | -47.24 | -76.44 | - 182.17 | -78.00 |
| EBIT | 85.12 | -47.24 | -76.44 | - 272.77 | - 441.95 |
| Net earnings | 20 315.47 | 1 290.12 | 5 772.31 | 6 602.34 | -18 933.35 |
| Shareholders equity total | 72 945.43 | 73 735.55 | 79 393.46 | 84 995.80 | 65 062.45 |
| Balance sheet total (assets) | 76 547.18 | 76 792.21 | 80 037.49 | 86 525.75 | 66 592.94 |
| Net debt | -2 714.27 | -2 538.97 | - 247.14 | - 168.16 | 7.84 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 35.6 % | 3.7 % | 8.5 % | 9.6 % | 3.5 % |
| ROE | 32.3 % | 1.8 % | 7.5 % | 8.0 % | -25.2 % |
| ROI | 36.7 % | 3.9 % | 9.4 % | 9.7 % | 3.5 % |
| Economic value added (EVA) | -2 606.07 | -3 747.71 | -3 754.64 | -4 196.66 | -4 739.95 |
| Solvency | |||||
| Equity ratio | 95.3 % | 96.0 % | 99.2 % | 98.2 % | 97.7 % |
| Gearing | 0.4 % | 0.0 % | 0.0 % | 0.6 % | 1.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.8 | 1.3 | 7.2 | 1.8 | 0.6 |
| Current ratio | 4.8 | 1.3 | 7.2 | 1.8 | 0.6 |
| Cash and cash equivalents | 3 028.53 | 2 542.83 | 251.00 | 702.02 | 749.60 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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