Odense Letbane P/S — Credit Rating and Financial Key Figures

Odense Letbane P/S (CVR number: 36478497) is a company from ODENSE. The company reported a net sales of 78.5 mDKK in 2024, demonstrating a growth of 11.9 % compared to the previous year. The operating profit percentage was poor at -147.5 % (EBIT: -115.8 mDKK), while net earnings were -154 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -55.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -84.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Odense Letbane P/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.