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

CVR number: 33074964
Sverigesgade 4, 5000 Odense C
Free credit report Annual report

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 21.6 mDKK in 2024, demonstrating a decline of -56.3 % compared to the previous year. The operating profit percentage was at 53 % (EBIT: 11.5 mDKK), while net earnings were 8396.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.1 %, which can be considered excellent and Return on Equity (ROE) was 53.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ODENSE MARITIME TECHNOLOGY A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales72 017.42100 182.9463 182.6849 492.2721 628.39
Gross profit54 073.462 134.3229 616.2623 090.5414 924.98
EBIT7 466.51-36 876.5614 016.6910 843.2811 467.42
Net earnings3 092.91-32 484.667 251.596 680.028 396.35
Shareholders equity total10 515.08-21 969.58-14 718.07-8 038.06358.30
Balance sheet total (assets)135 425.49118 283.5935 691.0930 999.784 268.35
Net debt-36 351.15-24 274.1225 540.109 541.68-2 773.99
Profitability
EBIT-%10.4 %-36.8 %22.2 %21.9 %53.0 %
ROA7.6 %-26.2 %14.8 %25.5 %58.1 %
ROE25.4 %-50.4 %9.4 %20.0 %53.6 %
ROI41.4 %-334.7 %62.9 %32.2 %78.8 %
Economic value added (EVA)3 903.75-29 477.7011 880.367 287.627 706.58
Solvency
Equity ratio8.3 %-16.2 %-29.2 %-20.6 %8.4 %
Gearing8.1 %-16.1 %-266.9 %-393.1 %
Relative net indebtedness %121.8 %112.2 %58.0 %34.3 %5.3 %
Liquidity
Quick ratio1.20.91.41.31.1
Current ratio1.10.91.41.31.1
Cash and cash equivalents37 202.5227 805.1913 742.0222 054.322 773.99
Capital use efficiency
Trade debtors turnover (days)112.424.358.636.92.7
Net working capital %-6.7 %-38.6 %17.1 %15.4 %1.7 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:58.1%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.39%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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