Ordbit IVS — Credit Rating and Financial Key Figures

CVR number: 38676199
Kochsgade 31 D, 5000 Odense C
dennis@ordbit.dk
tel: 23741125
ordbit.dk

Credit rating

Company information

Official name
Ordbit IVS
Established
2017
Company form
Entrepreneurial limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About Ordbit IVS

Ordbit IVS (CVR number: 38676199) is a company from ODENSE. The company recorded a gross profit of 84.7 kDKK in 2018. The operating profit was -20.8 kDKK, while net earnings were -20.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -54.7 %, which can be considered poor and Return on Equity (ROE) was -167.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ordbit IVS's liquidity measured by quick ratio was 1.2 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
20172018
Volume
Net sales
Gross profit265.9984.68
EBIT30.96-20.78
Net earnings22.97-20.93
Shareholders equity total22.972.04
Balance sheet total (assets)65.0910.95
Net debt-5.65-8.45
Profitability
EBIT-%
ROA47.6 %-54.7 %
ROE100.0 %-167.4 %
ROI120.4 %-149.8 %
Economic value added (EVA)23.92-21.23
Solvency
Equity ratio35.3 %18.6 %
Gearing11.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.2
Current ratio1.51.2
Cash and cash equivalents8.388.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-54.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.6%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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