ØRTING HANDELSPLADS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 445.81 | 1 541.51 | 1 647.70 | 1 270.73 | 1 215.37 |
EBIT | 235.54 | 300.72 | 362.73 | 23.52 | -48.19 |
Net earnings | 108.70 | 213.69 | 223.36 | -16.23 | -47.22 |
Shareholders equity total | 707.13 | 920.81 | 1 144.17 | 1 127.94 | 1 080.72 |
Balance sheet total (assets) | 3 649.10 | 3 927.02 | 3 521.14 | 3 515.04 | 3 441.09 |
Net debt | 1 230.27 | 647.66 | 1 109.14 | 1 041.74 | 1 068.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.7 % | 9.7 % | 9.7 % | 0.7 % | -1.4 % |
ROE | 16.7 % | 26.3 % | 21.6 % | -1.4 % | -4.3 % |
ROI | 9.4 % | 15.2 % | 13.9 % | 0.9 % | -1.8 % |
Economic value added (EVA) | 145.55 | 219.24 | 277.79 | -14.63 | -69.00 |
Solvency | |||||
Equity ratio | 19.4 % | 23.4 % | 32.5 % | 32.1 % | 31.4 % |
Gearing | 230.9 % | 159.4 % | 139.5 % | 137.6 % | 145.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.6 | 0.6 | 0.6 |
Current ratio | 0.6 | 0.8 | 1.0 | 0.9 | 0.9 |
Cash and cash equivalents | 402.63 | 820.24 | 487.13 | 510.44 | 508.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
Variable visualization
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