ØRTING HANDELSPLADS ApS — Credit Rating and Financial Key Figures

CVR number: 35668942
Horsensvej 121, 8300 Odder

Credit rating

Company information

Official name
ØRTING HANDELSPLADS ApS
Personnel
12 persons
Established
2014
Company form
Private limited company
Industry

About ØRTING HANDELSPLADS ApS

ØRTING HANDELSPLADS ApS (CVR number: 35668942) is a company from ODDER. The company recorded a gross profit of 1215.4 kDKK in 2022. The operating profit was -48.2 kDKK, while net earnings were -47.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. 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. ØRTING HANDELSPLADS ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit1 445.811 541.511 647.701 270.731 215.37
EBIT235.54300.72362.7323.52-48.19
Net earnings108.70213.69223.36-16.23-47.22
Shareholders equity total707.13920.811 144.171 127.941 080.72
Balance sheet total (assets)3 649.103 927.023 521.143 515.043 441.09
Net debt1 230.27647.661 109.141 041.741 068.78
Profitability
EBIT-%
ROA6.7 %9.7 %9.7 %0.7 %-1.4 %
ROE16.7 %26.3 %21.6 %-1.4 %-4.3 %
ROI9.4 %15.2 %13.9 %0.9 %-1.8 %
Economic value added (EVA)145.55219.24277.79-14.63-69.00
Solvency
Equity ratio19.4 %23.4 %32.5 %32.1 %31.4 %
Gearing230.9 %159.4 %139.5 %137.6 %145.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.60.60.60.6
Current ratio0.60.81.00.90.9
Cash and cash equivalents402.63820.24487.13510.44508.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-1.39%
Rating: 19/100
-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

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