Orbit Group ApS — Credit Rating and Financial Key Figures

Orbit Group ApS (CVR number: 71158713) is a company from IKAST-BRANDE. The company recorded a gross profit of 2960.6 kDKK in 2023. The operating profit was 339.2 kDKK, while net earnings were 195.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Orbit Group ApS'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.