Selskabet af 1. november 2020, Odense A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Selskabet af 1. november 2020, Odense A/S
Selskabet af 1. november 2020, Odense A/S (CVR number: 35417133) is a company from ODENSE. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -15.8 kDKK, while net earnings were -60.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was -10.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. Selskabet af 1. november 2020, Odense A/S's liquidity measured by quick ratio was 3.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3 092.08 | -34.92 | 8.00 | ||
EBIT | -6 193.69 | -50.82 | -6.31 | -14.60 | -15.81 |
Net earnings | -5 060.75 | - 125.64 | -52.00 | -94.35 | -60.63 |
Shareholders equity total | -3 521.09 | 753.27 | 701.27 | 606.93 | 546.30 |
Balance sheet total (assets) | 4 136.49 | 3 804.79 | 3 811.83 | 3 891.13 | 779.20 |
Net debt | 6 759.24 | 2 977.24 | 2 990.68 | 3 156.59 | 120.77 |
Profitability | |||||
EBIT-% | |||||
ROA | -31.7 % | -0.7 % | -0.2 % | 0.8 % | 3.4 % |
ROE | -178.3 % | -5.1 % | -7.1 % | -14.4 % | -10.5 % |
ROI | -47.7 % | -0.7 % | -0.2 % | 0.8 % | 3.5 % |
Economic value added (EVA) | -5 789.32 | - 202.35 | - 193.13 | - 199.94 | - 204.87 |
Solvency | |||||
Equity ratio | -46.0 % | 19.8 % | 18.4 % | 15.6 % | 70.1 % |
Gearing | -192.0 % | 397.2 % | 435.1 % | 531.3 % | 31.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.2 | 1.2 | 1.2 | 3.3 |
Current ratio | 0.5 | 1.2 | 1.2 | 1.2 | 3.3 |
Cash and cash equivalents | 14.85 | 60.44 | 68.16 | 52.65 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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