Odinsgade ApS — Credit Rating and Financial Key Figures

CVR number: 38247891
Vestervej 48, 9240 Nibe

Credit rating

Company information

Official name
Odinsgade ApS
Established
2016
Company form
Private limited company
Industry

About Odinsgade ApS

Odinsgade ApS (CVR number: 38247891) is a company from AALBORG. The company recorded a gross profit of 366 kDKK in 2024. The operating profit was 466 kDKK, while net earnings were 198.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 31 %, 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. Odinsgade ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 128.57331.84395.83375.81366.00
EBIT1 369.40499.14678.83-24.19466.00
Net earnings1 041.89325.98508.98217.71198.76
Shareholders equity total1 412.001 737.992 246.962 464.672 663.44
Balance sheet total (assets)7 553.098 539.538 825.738 432.668 596.45
Net debt5 397.476 078.535 718.465 086.125 088.69
Profitability
EBIT-%
ROA28.8 %6.2 %7.8 %5.5 %5.5 %
ROE116.9 %20.7 %25.5 %9.2 %7.8 %
ROI32.5 %6.4 %8.0 %5.7 %5.7 %
Economic value added (EVA)1 003.5820.34114.52- 451.48-44.04
Solvency
Equity ratio18.7 %20.4 %25.5 %29.2 %31.0 %
Gearing382.3 %351.0 %255.6 %207.7 %194.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.2
Current ratio0.00.00.00.10.2
Cash and cash equivalents22.5325.7332.6683.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:5.51%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.0%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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