K/S OBTON SOLENERGI BITTERFELD — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S OBTON SOLENERGI BITTERFELD
K/S OBTON SOLENERGI BITTERFELD (CVR number: 35515380) is a company from AARHUS. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -62.3 % compared to the previous year. The operating profit percentage was at 78.8 % (EBIT: 0.2 mDKK), while net earnings were 186 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S OBTON SOLENERGI BITTERFELD's liquidity measured by quick ratio was 4.7 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 268.04 | 316.75 | 165.98 | 647.07 | 244.07 |
Gross profit | 225.14 | 255.37 | 116.95 | 598.91 | 192.27 |
EBIT | 225.14 | 255.37 | 116.95 | 598.91 | 192.27 |
Net earnings | 218.76 | 248.86 | 110.00 | 591.94 | 185.96 |
Shareholders equity total | 2 609.61 | 2 743.47 | 2 638.36 | 3 030.30 | 2 980.34 |
Balance sheet total (assets) | 2 719.76 | 2 865.09 | 2 762.99 | 3 457.80 | 3 112.56 |
Net debt | -12.26 | -15.73 | -25.72 | 217.20 | -70.99 |
Profitability | |||||
EBIT-% | 84.0 % | 80.6 % | 70.5 % | 92.6 % | 78.8 % |
ROA | 8.3 % | 9.1 % | 4.2 % | 19.3 % | 5.9 % |
ROE | 8.6 % | 9.3 % | 4.1 % | 20.9 % | 6.2 % |
ROI | 8.4 % | 9.2 % | 4.2 % | 19.5 % | 5.9 % |
Economic value added (EVA) | 104.37 | 124.86 | -20.12 | 467.62 | 107.03 |
Solvency | |||||
Equity ratio | 96.0 % | 95.8 % | 95.5 % | 87.6 % | 95.8 % |
Gearing | 9.5 % | ||||
Relative net indebtedness % | 36.5 % | 33.4 % | 59.6 % | 55.0 % | 25.1 % |
Liquidity | |||||
Quick ratio | 23.0 | 10.5 | 1.3 | 0.3 | 4.7 |
Current ratio | 23.0 | 10.5 | 1.3 | 0.3 | 4.7 |
Cash and cash equivalents | 12.26 | 15.73 | 25.72 | 71.83 | 70.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 169.8 % | 87.3 % | 5.3 % | -37.5 % | 45.0 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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