ORIFARM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ORIFARM A/S
ORIFARM A/S (CVR number: 26058708) is a company from ODENSE. The company reported a net sales of 1223.8 mDKK in 2024, demonstrating a decline of -22.3 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 15.3 mDKK), while net earnings were 14.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ORIFARM A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 180.91 | 1 493.62 | 1 404.80 | 1 575.95 | 1 223.78 |
Gross profit | 35.45 | 19.49 | 20.16 | 27.64 | 23.23 |
EBIT | 10.63 | 14.10 | 14.05 | 15.76 | 15.29 |
Net earnings | 6.56 | 8.19 | 9.94 | 18.87 | 14.87 |
Shareholders equity total | 42.25 | 47.44 | 57.38 | 76.26 | 53.92 |
Balance sheet total (assets) | 195.12 | 195.39 | 421.63 | 301.84 | 150.37 |
Net debt | 131.77 | 130.53 | 353.80 | 203.97 | 76.65 |
Profitability | |||||
EBIT-% | 0.9 % | 0.9 % | 1.0 % | 1.0 % | 1.2 % |
ROA | 5.9 % | 7.2 % | 4.9 % | 6.6 % | 8.6 % |
ROE | 16.8 % | 18.3 % | 19.0 % | 28.2 % | 22.8 % |
ROI | 6.4 % | 7.9 % | 5.1 % | 6.9 % | 9.4 % |
Economic value added (EVA) | -0.40 | 1.60 | 1.51 | -8.29 | -2.22 |
Solvency | |||||
Equity ratio | 21.7 % | 24.3 % | 13.6 % | 25.3 % | 35.9 % |
Gearing | 311.9 % | 275.1 % | 616.6 % | 267.5 % | 142.2 % |
Relative net indebtedness % | 12.7 % | 9.8 % | 25.8 % | 14.2 % | 7.7 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 1.1 | 1.3 | 1.5 |
Current ratio | 1.2 | 1.3 | 1.1 | 1.3 | 1.5 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 56.3 | 45.3 | 55.4 | 30.4 | 26.9 |
Net working capital % | 3.0 % | 2.7 % | 3.6 % | 4.4 % | 3.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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