OILTANKING COPENHAGEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About OILTANKING COPENHAGEN A/S
OILTANKING COPENHAGEN A/S (CVR number: 41910712) is a company from KØBENHAVN. The company recorded a gross profit of 75.8 mDKK in 2024. The operating profit was 40.2 mDKK, while net earnings were 26.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.9 %, 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. OILTANKING COPENHAGEN A/S's liquidity measured by quick ratio was 5.3 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 | 47 150.00 | 50 502.00 | 57 034.00 | 63 642.00 | 75 778.00 |
EBIT | 18 470.00 | 7 545.00 | -66 155.00 | -40 606.00 | 40 184.00 |
Net earnings | 10 031.00 | -6 153.00 | -70 351.00 | -56 081.00 | 26 847.00 |
Shareholders equity total | 101 778.00 | 132 743.00 | 62 392.00 | 108 225.00 | 135 072.00 |
Balance sheet total (assets) | 456 072.00 | 450 243.00 | 374 969.00 | 298 717.00 | 338 520.00 |
Net debt | 326 033.00 | 296 251.00 | 284 685.00 | 155 256.00 | 186 846.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.6 % | 1.7 % | -16.0 % | -12.1 % | 12.8 % |
ROE | 14.1 % | -5.2 % | -72.1 % | -65.7 % | 22.1 % |
ROI | 5.1 % | 1.7 % | -16.6 % | -12.7 % | 13.5 % |
Economic value added (EVA) | 13 352.42 | 2 448.51 | -65 390.78 | -43 744.02 | 29 773.23 |
Solvency | |||||
Equity ratio | 22.3 % | 29.5 % | 16.6 % | 36.2 % | 39.9 % |
Gearing | 324.1 % | 224.6 % | 474.3 % | 158.6 % | 140.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.2 | 0.1 | 5.3 |
Current ratio | 0.2 | 0.2 | 0.2 | 0.1 | 5.3 |
Cash and cash equivalents | 3 789.00 | 1 936.00 | 11 223.00 | 16 389.00 | 3 154.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
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