DENNIS ODGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DENNIS ODGAARD HOLDING ApS
DENNIS ODGAARD HOLDING ApS (CVR number: 26293294K) is a company from VEJLE. The company reported a net sales of 369.5 mDKK in 2024, demonstrating a growth of 30.3 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 5.5 mDKK), while net earnings were 13.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.1 %, 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. DENNIS ODGAARD HOLDING ApS's liquidity measured by quick ratio was 1.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 4.32 | 134.44 | 283.70 | 369.54 |
Gross profit | 2.52 | 88.73 | 181.89 | 204.38 |
EBIT | 1.94 | -40.11 | 5.09 | 5.48 |
Net earnings | 54.23 | 5.79 | 5.51 | 13.73 |
Shareholders equity total | 282.32 | 319.14 | 322.13 | 325.10 |
Balance sheet total (assets) | 347.51 | 552.56 | 545.35 | 550.36 |
Net debt | -62.28 | -7.86 | -6.19 | 30.26 |
Profitability | ||||
EBIT-% | 45.0 % | -29.8 % | 1.8 % | 1.5 % |
ROA | 17.2 % | 2.2 % | 2.7 % | 4.6 % |
ROE | 22.4 % | 2.4 % | 2.2 % | 5.5 % |
ROI | 17.3 % | 2.5 % | 3.2 % | 5.3 % |
Economic value added (EVA) | 1.51 | -48.29 | -19.47 | -19.51 |
Solvency | ||||
Equity ratio | 81.2 % | 57.8 % | 59.1 % | 59.1 % |
Gearing | 19.7 % | 34.2 % | 35.1 % | 38.1 % |
Relative net indebtedness % | -1369.5 % | 67.8 % | 27.5 % | 28.7 % |
Liquidity | ||||
Quick ratio | 58.0 | 1.2 | 2.4 | 1.9 |
Current ratio | 66.7 | 1.3 | 2.5 | 1.9 |
Cash and cash equivalents | 117.86 | 117.14 | 119.14 | 93.65 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 88.0 | 56.1 | 45.4 | |
Net working capital % | 3222.9 % | 12.5 % | 35.4 % | 19.2 % |
Credit risk | ||||
Credit rating | AA | AA | AAA | AAA |
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