ØRGREEN OPTICS A/S — Credit Rating and Financial Key Figures

CVR number: 21187186
Overgaden Oven Vandet 58 A, 1415 København K
tel: 33330393

Credit rating

Company information

Official name
ØRGREEN OPTICS A/S
Personnel
36 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ØRGREEN OPTICS A/S

ØRGREEN OPTICS A/S (CVR number: 21187186) is a company from KØBENHAVN. The company recorded a gross profit of 28.8 mDKK in 2023. The operating profit was 6337.1 kDKK, while net earnings were 3590.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent but Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 70.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ØRGREEN OPTICS A/S's liquidity measured by quick ratio was 1.6 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 profit26 929.8222 668.7825 469.5831 606.9228 770.38
EBIT8 335.173 145.955 865.439 698.686 337.14
Net earnings6 451.57844.975 173.757 384.683 590.23
Shareholders equity total56 906.3957 611.6962 018.8154 585.4855 026.52
Balance sheet total (assets)80 305.6380 256.7384 190.0577 735.4177 584.00
Net debt10 478.672 467.09-6 040.258 852.186 207.33
Profitability
EBIT-%
ROA11.6 %5.1 %11.0 %18.5 %17.9 %
ROE11.8 %1.5 %8.6 %12.7 %6.6 %
ROI13.3 %5.8 %12.5 %21.2 %20.5 %
Economic value added (EVA)4 804.55265.302 719.355 880.302 904.91
Solvency
Equity ratio70.9 %71.8 %73.7 %70.2 %70.9 %
Gearing23.3 %19.4 %17.2 %21.5 %21.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.02.31.61.6
Current ratio2.93.23.53.13.2
Cash and cash equivalents2 807.778 717.0116 736.072 884.805 366.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.9%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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