O.J. ELECTRIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About O.J. ELECTRIC ApS
O.J. ELECTRIC ApS (CVR number: 26639050) is a company from HERNING. The company recorded a gross profit of 343.9 kDKK in 2024. The operating profit was -99.6 kDKK, while net earnings were -82.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -14.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37 %, 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. O.J. ELECTRIC ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 058.53 | 490.70 | 706.01 | 297.24 | 343.95 |
EBIT | 328.31 | - 182.52 | 9.55 | 51.55 | -99.55 |
Net earnings | 244.77 | - 155.76 | -4.12 | 39.06 | -82.61 |
Shareholders equity total | 978.33 | 572.57 | 568.45 | 607.50 | 524.89 |
Balance sheet total (assets) | 2 172.38 | 1 732.11 | 1 662.51 | 1 525.62 | 1 418.96 |
Net debt | -1 114.82 | 610.99 | - 193.36 | - 416.39 | - 310.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.2 % | -9.3 % | 0.6 % | 4.1 % | -5.5 % |
ROE | 25.6 % | -20.1 % | -0.7 % | 6.6 % | -14.6 % |
ROI | 20.9 % | -10.9 % | 0.6 % | 4.3 % | -5.7 % |
Economic value added (EVA) | 268.37 | -98.32 | 3.22 | 72.71 | -44.44 |
Solvency | |||||
Equity ratio | 45.0 % | 33.1 % | 34.2 % | 39.8 % | 37.0 % |
Gearing | 75.5 % | 184.7 % | 176.9 % | 141.0 % | 159.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.3 | 1.4 | 1.6 | 1.5 |
Current ratio | 1.6 | 1.3 | 1.4 | 1.6 | 1.5 |
Cash and cash equivalents | 1 853.88 | 446.64 | 1 198.79 | 1 272.85 | 1 148.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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