ODENSE MARCIPAN A/S — Credit Rating and Financial Key Figures

CVR number: 15233699
Toldbodgade 9-19, 5000 Odense C
tel: 63117200

Company information

Official name
ODENSE MARCIPAN A/S
Personnel
278 persons
Established
1991
Company form
Limited company
Industry

About ODENSE MARCIPAN A/S

ODENSE MARCIPAN A/S (CVR number: 15233699) is a company from ODENSE. The company reported a net sales of 591.2 mDKK in 2023, demonstrating a growth of 6.8 % compared to the previous year. The operating profit percentage was at 12.1 % (EBIT: 71.8 mDKK), while net earnings were 54.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 37.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. ODENSE MARCIPAN A/S's liquidity measured by quick ratio was 0.9 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales348.98476.00534.16553.48591.21
Gross profit91.9796.31134.86143.55150.16
EBIT35.7728.3560.9465.5671.78
Net earnings29.3019.5651.3951.9154.93
Shareholders equity total129.50123.96175.65149.78140.15
Balance sheet total (assets)293.88339.91381.14416.91458.43
Net debt168.02211.98
Profitability
EBIT-%10.3 %6.0 %11.4 %11.8 %12.1 %
ROA12.6 %8.9 %16.9 %17.2 %17.3 %
ROE23.0 %15.4 %34.3 %31.9 %37.9 %
ROI13.8 %8.9 %16.9 %19.4 %22.2 %
Economic value added (EVA)31.8721.8554.7141.5949.31
Solvency
Equity ratio100.0 %100.0 %100.0 %35.9 %30.6 %
Gearing112.2 %151.3 %
Relative net indebtedness %47.0 %52.7 %
Liquidity
Quick ratio0.90.9
Current ratio1.41.4
Cash and cash equivalents0.020.07
Capital use efficiency
Trade debtors turnover (days)73.976.6
Net working capital %12.1 %10.9 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.6%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Board member

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