Odensevej 2 ApS — Credit Rating and Financial Key Figures

CVR number: 40451137
Odensevej 2, 5700 Svendborg

Company information

Official name
Odensevej 2 ApS
Established
2019
Company form
Private limited company
Industry

About Odensevej 2 ApS

Odensevej 2 ApS (CVR number: 40451137) is a company from SVENDBORG. The company recorded a gross profit of 234.4 kDKK in 2023. The operating profit was 208.5 kDKK, while net earnings were 122.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.4 %, 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. Odensevej 2 ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit209.45178.82221.51214.78234.36
EBIT195.71155.37197.05188.90208.47
Net earnings31.3269.48104.83103.30122.64
Shareholders equity total1 279.661 349.151 453.98957.281 079.92
Balance sheet total (assets)4 516.364 010.713 986.393 402.493 442.67
Net debt1 326.791 651.091 608.942 025.681 842.45
Profitability
EBIT-%
ROA4.3 %3.6 %4.9 %5.1 %6.1 %
ROE2.4 %5.3 %7.5 %8.6 %12.0 %
ROI4.9 %3.9 %5.0 %5.1 %6.1 %
Economic value added (EVA)138.95-3.968.78-0.6018.58
Solvency
Equity ratio28.3 %33.6 %36.5 %28.1 %31.4 %
Gearing191.3 %173.0 %152.6 %219.7 %183.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.83.84.40.51.0
Current ratio1.83.84.40.51.0
Cash and cash equivalents1 121.70683.24610.2477.35143.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:6.09%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.4%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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