OTTO 22 ApS — Credit Rating and Financial Key Figures

CVR number: 32361366
Abrikosvej 2, 2400 København NV

Company information

Official name
OTTO 22 ApS
Established
2009
Company form
Private limited company
Industry

About OTTO 22 ApS

OTTO 22 ApS (CVR number: 32361366) is a company from KØBENHAVN. The company recorded a gross profit of -10.2 kDKK in 2023. The operating profit was -10.2 kDKK, while net earnings were 292.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OTTO 22 ApS's liquidity measured by quick ratio was 9.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-9.63-10.20
EBIT-5.63-7.00-6.88-9.63-10.20
Net earnings153.10120.66369.14878.27292.60
Shareholders equity total2 078.232 143.592 456.243 277.303 511.00
Balance sheet total (assets)2 228.502 377.852 704.743 567.493 864.48
Net debt-1 965.73-2 065.93-2 198.20-2 561.98-3 182.39
Profitability
EBIT-%
ROA7.7 %5.9 %15.4 %28.7 %8.2 %
ROE7.5 %5.7 %16.1 %30.6 %8.6 %
ROI8.2 %6.4 %16.9 %31.4 %9.0 %
Economic value added (EVA)-0.200.554.90-3.4947.12
Solvency
Equity ratio93.3 %90.1 %90.8 %91.9 %90.9 %
Gearing1.5 %
Relative net indebtedness %
Liquidity
Quick ratio13.19.09.18.89.9
Current ratio13.19.09.18.89.9
Cash and cash equivalents1 965.732 097.442 198.202 561.983 182.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:8.18%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.9%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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