OVE ODDERMOSE'S EFTF. ApS — Credit Rating and Financial Key Figures

CVR number: 34205531
Frederiksensvej 13, 4780 Stege

Credit rating

Company information

Official name
OVE ODDERMOSE'S EFTF. ApS
Personnel
13 persons
Established
2012
Company form
Private limited company
Industry

About OVE ODDERMOSE'S EFTF. ApS

OVE ODDERMOSE'S EFTF. ApS (CVR number: 34205531) is a company from VORDINGBORG. The company recorded a gross profit of 1979.1 kDKK in 2023. The operating profit was 506.7 kDKK, while net earnings were 301.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 42.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.4 %, 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. OVE ODDERMOSE'S EFTF. ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 098.001 455.002 321.001 849.001 979.11
EBIT279.00617.001 386.00607.00506.74
Net earnings198.00451.001 061.00413.00301.72
Shareholders equity total543.00796.001 407.00760.00648.34
Balance sheet total (assets)2 603.003 001.003 540.003 107.003 838.79
Net debt292.00- 674.00- 191.00329.00688.99
Profitability
EBIT-%
ROA11.8 %22.0 %42.6 %18.4 %14.6 %
ROE39.5 %67.4 %96.3 %38.1 %42.8 %
ROI23.5 %42.7 %88.8 %39.5 %30.9 %
Economic value added (EVA)210.75461.891 085.26420.07362.28
Solvency
Equity ratio20.9 %26.5 %39.7 %24.5 %21.4 %
Gearing106.4 %56.2 %14.8 %95.4 %176.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.51.81.11.5
Current ratio1.11.61.91.11.1
Cash and cash equivalents286.001 121.00399.00396.00456.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.4%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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