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

CVR number: 38320904
Østre Stationsvej 1, 5000 Odense C

Company information

Official name
Åbrinken 2-88, Odense ApS
Established
2017
Company form
Private limited company
Industry

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 4205.9 kDKK in 2024. The operating profit was 2293.3 kDKK, while net earnings were 1363.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32 %, 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 6.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 509.094 214.624 354.804 205.91
EBIT4 442.524 471.891 671.3165.622 293.30
Net earnings1 769.282 673.91713.10- 395.871 363.94
Shareholders equity total34 487.5837 161.4937 874.5937 478.7238 842.66
Balance sheet total (assets)111 602.77123 640.86123 181.25121 228.35121 523.60
Net debt70 184.6069 823.8378 616.1878 103.1177 492.19
Profitability
EBIT-%
ROA2.9 %3.8 %1.5 %0.3 %2.3 %
ROE5.1 %7.5 %1.9 %-1.1 %3.6 %
ROI3.0 %3.9 %1.6 %0.3 %2.3 %
Economic value added (EVA)-2 159.50-2 038.74-4 842.32-6 010.20-4 248.61
Solvency
Equity ratio30.9 %30.1 %30.7 %30.9 %32.0 %
Gearing203.7 %214.2 %208.4 %208.8 %199.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.74.55.05.86.4
Current ratio0.74.55.05.86.4
Cash and cash equivalents59.099 775.39299.58137.0071.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.28%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.0%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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