ORGANIC FUEL TECHNOLOGY A/S — Credit Rating and Financial Key Figures

CVR number: 30732758
Inge Lehmanns Gade 10, 8000 Aarhus C
jhh@organicfuel.tech
tel: 40837523

Credit rating

Company information

Official name
ORGANIC FUEL TECHNOLOGY A/S
Personnel
5 persons
Established
2007
Company form
Limited company
Industry

About ORGANIC FUEL TECHNOLOGY A/S

ORGANIC FUEL TECHNOLOGY A/S (CVR number: 30732758) is a company from AARHUS. The company recorded a gross profit of 963.5 kDKK in 2023. The operating profit was -2680.2 kDKK, while net earnings were -2044.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -13.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ORGANIC FUEL TECHNOLOGY A/S's liquidity measured by quick ratio was 10.4 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 profit-62.18581.481 276.65963.47
EBIT- 299.47- 539.07-1 911.75-2 680.17
Net earnings- 165.60- 304.67-1 938.52-2 044.16
Shareholders equity total8 715.548 887.8713 374.3517 755.19
Balance sheet total (assets)8 978.4113 793.8817 238.9624 699.08
Net debt- 126.24-0.41- 990.80970.59
Profitability
EBIT-%
ROA-3.3 %-4.7 %-11.1 %-12.8 %
ROE-1.9 %-3.5 %-14.5 %-13.1 %
ROI-3.4 %-6.1 %-11.3 %-12.6 %
Economic value added (EVA)- 637.11- 814.35- 312.17-1 738.30-2 325.10
Solvency
Equity ratio97.1 %64.4 %85.3 %90.1 %
Gearing6.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.40.15.810.4
Current ratio2.40.15.810.4
Cash and cash equivalents126.240.41990.80233.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-12.8%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.