ORVAD A/S — Credit Rating and Financial Key Figures

CVR number: 72328515
Klintevej 16, 7500 Holstebro
emo@orvad.dk
tel: 97428338

Company information

Official name
ORVAD A/S
Personnel
3 persons
Established
1983
Company form
Limited company
Industry

About ORVAD A/S

ORVAD A/S (CVR number: 72328515) is a company from HOLSTEBRO. The company recorded a gross profit of 700.3 kDKK in 2023. The operating profit was -233.6 kDKK, while net earnings were 646 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ORVAD A/S's liquidity measured by quick ratio was 23.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit871.19812.831 074.41775.03700.31
EBIT135.61135.38337.251 382.32- 233.57
Net earnings14.561 421.41- 963.481 529.82645.95
Shareholders equity total28 757.6829 768.4928 005.0128 734.8328 380.78
Balance sheet total (assets)30 997.0332 335.2330 184.7131 399.4331 247.76
Net debt-11 776.05-13 857.86-11 339.42-16 745.58-17 402.32
Profitability
EBIT-%
ROA1.7 %5.8 %2.3 %6.4 %2.7 %
ROE0.1 %4.9 %-3.3 %5.4 %2.3 %
ROI1.8 %6.0 %2.3 %6.5 %2.7 %
Economic value added (EVA)- 540.10- 747.75- 536.29243.89- 784.31
Solvency
Equity ratio92.8 %92.1 %92.8 %91.5 %90.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio18.921.521.628.023.8
Current ratio21.523.024.029.724.3
Cash and cash equivalents11 776.0513 857.8611 339.4216 745.5817 402.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:2.65%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.8%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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