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 -182.2 kDKK in 2023. The operating profit was -272.8 kDKK, while net earnings were 6602.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.2 %, 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 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -58.50 | 85.12 | -47.24 | -76.44 | - 182.17 |
| EBIT | -58.50 | 85.12 | -47.24 | -76.44 | - 272.77 |
| Net earnings | -6 656.15 | 20 315.47 | 1 290.12 | 5 772.31 | 6 602.34 |
| Shareholders equity total | 52 740.56 | 72 945.43 | 73 735.55 | 79 393.46 | 84 995.80 |
| Balance sheet total (assets) | 54 029.79 | 76 547.18 | 76 792.21 | 80 037.49 | 86 525.75 |
| Net debt | -6 167.24 | -2 714.27 | -2 538.97 | - 247.14 | - 168.16 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -9.0 % | 35.6 % | 3.7 % | 8.5 % | 9.6 % |
| ROE | -11.9 % | 32.3 % | 1.8 % | 7.5 % | 8.0 % |
| ROI | -9.0 % | 36.7 % | 3.9 % | 9.4 % | 9.7 % |
| Economic value added (EVA) | - 686.49 | - 890.02 | -1 607.76 | -1 508.20 | -1 747.21 |
| Solvency | |||||
| Equity ratio | 97.6 % | 95.3 % | 96.0 % | 99.2 % | 98.2 % |
| Gearing | 1.0 % | 0.4 % | 0.0 % | 0.0 % | 0.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 13.9 | 4.8 | 1.3 | 7.2 | 1.8 |
| Current ratio | 13.9 | 4.8 | 1.3 | 7.2 | 1.8 |
| Cash and cash equivalents | 6 681.50 | 3 028.53 | 2 542.83 | 251.00 | 702.02 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | AA | A | A | AA |
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