ODENSE MARITIME TECHNOLOGY A/S — Credit Rating and Financial Key Figures

CVR number: 33074964
Sverigesgade 4, 5000 Odense C
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Credit rating

Company information

Official name
ODENSE MARITIME TECHNOLOGY A/S
Personnel
7 persons
Established
2010
Company form
Limited company
Industry

About ODENSE MARITIME TECHNOLOGY A/S

ODENSE MARITIME TECHNOLOGY A/S (CVR number: 33074964) is a company from ODENSE. The company reported a net sales of 49.5 mDKK in 2023, demonstrating a decline of -21.7 % compared to the previous year. The operating profit percentage was at 21.9 % (EBIT: 10.8 mDKK), while net earnings were 6680 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -20.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ODENSE MARITIME TECHNOLOGY A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales94.5272.02100.1863.1849.49
Gross profit67.6754.072.1329.6223.09
EBIT21.337.47-36.8814.0210.84
Net earnings12.443.09-32.487.256.68
Shareholders equity total13.8810.52-21.97-14.72-8.04
Balance sheet total (assets)73.66135.43118.2835.6931.00
Net debt-37.77-36.35-24.2725.549.54
Profitability
EBIT-%22.6 %10.4 %-36.8 %22.2 %21.9 %
ROA35.2 %7.6 %-26.2 %14.8 %25.5 %
ROE161.5 %25.4 %-50.4 %9.4 %20.0 %
ROI164.1 %41.4 %-334.7 %62.9 %32.2 %
Economic value added (EVA)17.916.41-27.5313.478.67
Solvency
Equity ratio19.7 %8.3 %-16.2 %-29.2 %-20.6 %
Gearing33.5 %8.1 %-16.1 %-266.9 %-393.1 %
Relative net indebtedness %18.4 %121.8 %112.2 %58.0 %34.3 %
Liquidity
Quick ratio1.31.20.91.41.3
Current ratio1.31.10.91.41.3
Cash and cash equivalents42.4237.2027.8113.7422.05
Capital use efficiency
Trade debtors turnover (days)85.1112.424.358.636.9
Net working capital %-4.6 %-6.7 %-38.6 %17.1 %15.4 %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-20.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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