OCEAN AGENCY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About OCEAN AGENCY A/S
OCEAN AGENCY A/S (CVR number: 33876998) is a company from KØBENHAVN. The company recorded a gross profit of 4697.3 kDKK in 2023. The operating profit was -1311.7 kDKK, while net earnings were -1062.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.6 %, which can be considered poor and Return on Equity (ROE) was -56.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.8 %, 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. OCEAN AGENCY A/S's liquidity measured by quick ratio was 2.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 141.29 | 6 051.84 | 6 575.82 | 6 842.28 | 4 697.26 |
EBIT | 59.86 | - 690.67 | 45.62 | 532.63 | -1 311.72 |
Net earnings | 4.82 | - 591.62 | 3.19 | 368.34 | -1 062.76 |
Shareholders equity total | 2 849.16 | 2 259.95 | 2 113.13 | 2 406.47 | 1 343.71 |
Balance sheet total (assets) | 6 195.74 | 4 845.38 | 9 872.83 | 6 333.98 | 3 529.64 |
Net debt | -1 656.75 | -2 487.60 | -4 967.83 | -4 300.03 | -1 530.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.9 % | -12.5 % | 0.6 % | 6.6 % | -26.6 % |
ROE | 0.2 % | -23.2 % | 0.1 % | 16.3 % | -56.7 % |
ROI | 2.0 % | -26.4 % | 2.1 % | 23.6 % | -69.9 % |
Economic value added (EVA) | -23.88 | - 618.82 | 43.83 | 537.31 | - 947.36 |
Solvency | |||||
Equity ratio | 67.7 % | 46.7 % | 31.4 % | 62.9 % | 52.8 % |
Gearing | 3.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 1.7 | 2.1 | 4.3 | 2.7 |
Current ratio | 1.7 | 1.7 | 1.2 | 1.5 | 1.5 |
Cash and cash equivalents | 1 766.08 | 2 487.60 | 4 967.83 | 4 300.03 | 1 530.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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