Openframe ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Openframe ApS
Openframe ApS (CVR number: 42049581) is a company from KØBENHAVN. The company recorded a gross profit of 2552 kDKK in 2024. The operating profit was -2919.8 kDKK, while net earnings were -3602.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.2 %, which can be considered poor and Return on Equity (ROE) was -35.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Openframe ApS's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 738.45 | - 429.98 | 1 237.47 | 2 551.97 |
EBIT | -3 974.59 | -4 307.71 | -3 614.00 | -2 919.76 |
Net earnings | -3 465.45 | -3 582.84 | -2 891.90 | -3 602.83 |
Shareholders equity total | 8 283.45 | 9 200.61 | 12 008.02 | 8 405.18 |
Balance sheet total (assets) | 11 222.98 | 13 373.77 | 16 422.43 | 14 687.11 |
Net debt | - 728.53 | 1 345.96 | 1 855.04 | 4 893.25 |
Profitability | ||||
EBIT-% | ||||
ROA | -35.4 % | -35.0 % | -24.3 % | -16.2 % |
ROE | -41.8 % | -41.0 % | -27.3 % | -35.3 % |
ROI | -38.4 % | -37.9 % | -26.0 % | -22.4 % |
Economic value added (EVA) | -3 360.95 | -3 954.81 | -3 351.32 | -3 499.23 |
Solvency | ||||
Equity ratio | 73.8 % | 68.8 % | 73.1 % | 57.2 % |
Gearing | 24.8 % | 34.4 % | 28.4 % | 68.6 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 4.2 | 3.2 | 1.7 | 2.0 |
Current ratio | 4.2 | 3.2 | 1.7 | 2.0 |
Cash and cash equivalents | 2 784.55 | 1 817.25 | 1 558.72 | 869.31 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BBB | BBB |
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