Åbrinken 2-88, Odense ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Åbrinken 2-88, Odense ApS
Åbrinken 2-88, Odense ApS (CVR number: 38320904) is a company from ODENSE. The company recorded a gross profit of 4354.8 kDKK in 2023. The operating profit was 65.6 kDKK, while net earnings were -395.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.9 %, 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. Åbrinken 2-88, Odense ApS's liquidity measured by quick ratio was 5.8 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 | 4 509.09 | 4 214.62 | 4 354.80 | ||
EBIT | 4 456.32 | 4 442.52 | 4 471.89 | 1 671.31 | 65.62 |
Net earnings | 1 822.49 | 1 769.28 | 2 673.91 | 713.10 | - 395.87 |
Shareholders equity total | 35 318.30 | 34 487.58 | 37 161.49 | 37 874.59 | 37 478.72 |
Balance sheet total (assets) | 113 283.54 | 111 602.77 | 123 640.86 | 123 181.25 | 121 228.35 |
Net debt | 70 672.69 | 70 184.60 | 69 823.83 | 78 616.18 | 78 103.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.9 % | 2.9 % | 3.8 % | 1.5 % | 0.3 % |
ROE | 4.8 % | 5.1 % | 7.5 % | 1.9 % | -1.1 % |
ROI | 3.0 % | 3.0 % | 3.9 % | 1.6 % | 0.3 % |
Economic value added (EVA) | -1 273.71 | - 987.31 | - 881.64 | -3 193.60 | -4 865.93 |
Solvency | |||||
Equity ratio | 31.2 % | 30.9 % | 30.1 % | 30.7 % | 30.9 % |
Gearing | 200.6 % | 203.7 % | 214.2 % | 208.4 % | 208.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 4.5 | 5.0 | 5.8 |
Current ratio | 0.8 | 0.7 | 4.5 | 5.0 | 5.8 |
Cash and cash equivalents | 171.87 | 59.09 | 9 775.39 | 299.58 | 137.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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