OFFICE2GO A/S
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 797.48 | 1 350.96 | 2 039.15 | 1 823.97 | 1 428.71 |
EBIT | 109.90 | 279.23 | 738.48 | 597.49 | 6.32 |
Net earnings | 65.58 | 238.04 | 540.00 | 457.08 | -7.87 |
Shareholders equity total | 761.56 | 999.58 | 1 539.58 | 1 406.66 | 948.79 |
Balance sheet total (assets) | 1 619.66 | 2 014.17 | 3 203.09 | 2 135.14 | 1 704.50 |
Net debt | 204.69 | - 386.47 | 201.45 | - 337.93 | 306.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 15.4 % | 28.3 % | 22.5 % | 0.2 % |
ROE | 9.0 % | 27.0 % | 42.5 % | 31.0 % | -0.7 % |
ROI | 11.4 % | 27.5 % | 42.9 % | 30.5 % | 0.2 % |
Economic value added (EVA) | 69.88 | 263.63 | 539.77 | 437.96 | -22.09 |
Solvency | |||||
Equity ratio | 47.0 % | 49.6 % | 48.1 % | 65.9 % | 55.7 % |
Gearing | 27.1 % | 0.8 % | 50.8 % | 6.4 % | 59.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.2 | 1.4 | 1.7 | 0.6 |
Current ratio | 1.7 | 2.0 | 1.9 | 3.0 | 2.1 |
Cash and cash equivalents | 2.00 | 394.11 | 580.97 | 428.57 | 256.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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