OFFICE2GO A/S

CVR number: 33883498
Smedeholm 8, 2730 Herlev
jacob@office2go.dk
tel: 88827005

Credit rating

Company information

Official name
OFFICE2GO A/S
Personnel
4 persons
Established
2011
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About OFFICE2GO A/S

OFFICE2GO A/S (CVR number: 33883498) is a company from HERLEV. The company recorded a gross profit of 1428.7 kDKK in 2023. The operating profit was 6.3 kDKK, while net earnings were -7.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OFFICE2GO A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit797.481 350.962 039.151 823.971 428.71
EBIT109.90279.23738.48597.496.32
Net earnings65.58238.04540.00457.08-7.87
Shareholders equity total761.56999.581 539.581 406.66948.79
Balance sheet total (assets)1 619.662 014.173 203.092 135.141 704.50
Net debt204.69- 386.47201.45- 337.93306.88
Profitability
EBIT-%
ROA6.5 %15.4 %28.3 %22.5 %0.2 %
ROE9.0 %27.0 %42.5 %31.0 %-0.7 %
ROI11.4 %27.5 %42.9 %30.5 %0.2 %
Economic value added (EVA)69.88263.63539.77437.96-22.09
Solvency
Equity ratio47.0 %49.6 %48.1 %65.9 %55.7 %
Gearing27.1 %0.8 %50.8 %6.4 %59.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.21.41.70.6
Current ratio1.72.01.93.02.1
Cash and cash equivalents2.00394.11580.97428.57256.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.15%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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