ORANGE BUSINESS DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ORANGE BUSINESS DENMARK A/S
ORANGE BUSINESS DENMARK A/S (CVR number: 16315532) is a company from GLOSTRUP. The company reported a net sales of 283.3 mDKK in 2023, demonstrating a growth of 0.1 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 5.3 mDKK), while net earnings were 2079 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 50.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ORANGE BUSINESS DENMARK A/S's liquidity measured by quick ratio was 1.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 68.05 | 127.54 | 246.28 | 283.19 | 283.34 |
Gross profit | 25.57 | 32.24 | 23.96 | 22.76 | 25.80 |
EBIT | 3.27 | 7.29 | 0.69 | 2.58 | 5.32 |
Net earnings | 3.22 | 4.31 | 1.68 | 2.81 | 2.08 |
Shareholders equity total | 49.71 | 54.02 | 26.39 | 29.20 | 31.27 |
Balance sheet total (assets) | 65.51 | 131.09 | 53.04 | 46.07 | 62.07 |
Net debt | 3.54 | 6.40 | |||
Profitability | |||||
EBIT-% | 4.8 % | 5.7 % | 0.3 % | 0.9 % | 1.9 % |
ROA | 5.4 % | 7.4 % | 0.8 % | 6.6 % | 13.3 % |
ROE | 6.7 % | 8.3 % | 4.2 % | 10.1 % | 6.9 % |
ROI | 5.4 % | 7.4 % | 0.8 % | 7.6 % | 20.3 % |
Economic value added (EVA) | 0.93 | 4.79 | -2.02 | 1.25 | 3.87 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 63.4 % | 50.4 % |
Gearing | 13.1 % | 21.3 % | |||
Relative net indebtedness % | 5.9 % | 10.8 % | |||
Liquidity | |||||
Quick ratio | 2.5 | 1.9 | |||
Current ratio | 2.5 | 1.9 | |||
Cash and cash equivalents | 0.27 | 0.27 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.8 | 39.0 | |||
Net working capital % | 9.0 % | 10.0 % | |||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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