K/S OBTON SOLENERGI SONNE — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S OBTON SOLENERGI SONNE
K/S OBTON SOLENERGI SONNE (CVR number: 34900647) is a company from AARHUS. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -53 % compared to the previous year. The operating profit percentage was at 86.4 % (EBIT: 0.3 mDKK), while net earnings were 327.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.1 %, 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 SONNE's liquidity measured by quick ratio was 7.2 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 | 384.95 | 428.77 | 261.63 | 813.05 | 382.00 |
Gross profit | 348.08 | 378.16 | 208.68 | 761.64 | 330.05 |
EBIT | 348.08 | 378.16 | 208.68 | 761.64 | 330.05 |
Net earnings | 344.35 | 372.93 | 205.63 | 753.11 | 327.47 |
Shareholders equity total | 4 310.18 | 4 203.10 | 4 148.71 | 3 614.83 | 3 436.29 |
Balance sheet total (assets) | 5 408.18 | 5 162.28 | 4 946.85 | 4 309.07 | 4 087.66 |
Net debt | - 414.14 | - 166.09 | -66.64 | 25.01 | 91.78 |
Profitability | |||||
EBIT-% | 90.4 % | 88.2 % | 79.8 % | 93.7 % | 86.4 % |
ROA | 7.3 % | 7.2 % | 4.2 % | 16.6 % | 8.0 % |
ROE | 8.3 % | 8.8 % | 4.9 % | 19.4 % | 9.3 % |
ROI | 7.4 % | 7.5 % | 4.4 % | 17.3 % | 8.3 % |
Economic value added (EVA) | 173.42 | 187.52 | 12.29 | 562.25 | 178.81 |
Solvency | |||||
Equity ratio | 79.7 % | 81.4 % | 83.9 % | 83.9 % | 84.1 % |
Gearing | 1.2 % | 3.0 % | |||
Relative net indebtedness % | 177.7 % | 185.0 % | 279.6 % | 82.9 % | 167.9 % |
Liquidity | |||||
Quick ratio | 19.8 | 14.8 | 13.2 | 4.5 | 7.2 |
Current ratio | 19.8 | 14.8 | 13.2 | 4.5 | 7.2 |
Cash and cash equivalents | 414.14 | 166.09 | 66.64 | 20.17 | 9.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 822.7 % | 624.5 % | 924.2 % | 111.5 % | 236.6 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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