ODENSE ERHVERVSPARK A/S — Credit Rating and Financial Key Figures

CVR number: 29688133
Fynsvej 56, 5500 Middelfart
tel: 64418977

Company information

Official name
ODENSE ERHVERVSPARK A/S
Established
2006
Company form
Limited company
Industry

About ODENSE ERHVERVSPARK A/S

ODENSE ERHVERVSPARK A/S (CVR number: 29688133) is a company from MIDDELFART. The company recorded a gross profit of -1883.5 kDKK in 2023. The operating profit was 10 mDKK, while net earnings were 19.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ODENSE ERHVERVSPARK A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit12 789.62-1 481.31-1 323.49-1 327.96-1 883.52
EBIT12 758.47- 212.0244 207.68-1 642.2310 027.20
Net earnings14 702.14- 176.5750 614.06-3 471.1419 610.87
Shareholders equity total167 895.54117 718.97168 333.03114 861.89134 472.75
Balance sheet total (assets)225 254.18211 710.28265 566.11224 035.19223 213.52
Net debt15 600.8254 354.1336 119.2969 659.074 633.76
Profitability
EBIT-%
ROA6.5 %0.5 %26.0 %-0.6 %10.9 %
ROE8.1 %-0.1 %35.4 %-2.5 %15.7 %
ROI6.9 %0.5 %27.7 %-0.6 %11.7 %
Economic value added (EVA)7 748.82-4 947.6931 595.24-4 762.544 874.59
Solvency
Equity ratio74.5 %55.6 %63.4 %51.3 %60.2 %
Gearing11.1 %46.3 %28.0 %62.0 %39.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.30.40.40.8
Current ratio0.60.30.40.40.8
Cash and cash equivalents3 103.4393.3810 999.801 549.7048 231.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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