Åbrinken 2-88, Odense ApS — Credit Rating and Financial Key Figures

CVR number: 38320904
Østre Stationsvej 1, 5000 Odense C

Credit rating

Company information

Official name
Åbrinken 2-88, Odense ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 509.094 214.624 354.80
EBIT4 456.324 442.524 471.891 671.3165.62
Net earnings1 822.491 769.282 673.91713.10- 395.87
Shareholders equity total35 318.3034 487.5837 161.4937 874.5937 478.72
Balance sheet total (assets)113 283.54111 602.77123 640.86123 181.25121 228.35
Net debt70 672.6970 184.6069 823.8378 616.1878 103.11
Profitability
EBIT-%
ROA2.9 %2.9 %3.8 %1.5 %0.3 %
ROE4.8 %5.1 %7.5 %1.9 %-1.1 %
ROI3.0 %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 ratio31.2 %30.9 %30.1 %30.7 %30.9 %
Gearing200.6 %203.7 %214.2 %208.4 %208.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.74.55.05.8
Current ratio0.80.74.55.05.8
Cash and cash equivalents171.8759.099 775.39299.58137.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:0.34%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.9%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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