OKN Holding 2018 A/S
Credit rating
Company information
About OKN Holding 2018 A/S
OKN Holding 2018 A/S (CVR number: 39515563K) is a company from AARHUS. The company reported a net sales of 383.3 mDKK in 2020, demonstrating a decline of -35.5 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 1.7 mDKK), while net earnings were 66.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 37.3 %, which can be considered excellent and Return on Equity (ROE) was 122.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OKN Holding 2018 A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | |
---|---|---|---|
Volume | |||
Net sales | 551.23 | 593.83 | 383.27 |
Gross profit | 87.91 | 83.68 | 60.89 |
EBIT | 21.90 | - 230.00 | 1.75 |
Net earnings | 15.12 | 4.60 | 66.42 |
Shareholders equity total | 53.53 | 56.72 | 54.80 |
Balance sheet total (assets) | 231.91 | 278.01 | 93.00 |
Net debt | 96.61 | 100.71 | 32.35 |
Profitability | |||
EBIT-% | 4.0 % | -38.7 % | 0.5 % |
ROA | 9.5 % | -90.0 % | 37.3 % |
ROE | -494.4 % | 18.2 % | 122.4 % |
ROI | 13.5 % | -122.8 % | 46.1 % |
Economic value added (EVA) | 17.08 | - 180.85 | -1.81 |
Solvency | |||
Equity ratio | 23.4 % | 20.4 % | 58.9 % |
Gearing | 124.4 % | 177.5 % | 59.0 % |
Relative net indebtedness % | 35.2 % | 35.3 % | 9.6 % |
Liquidity | |||
Quick ratio | 1.1 | 0.9 | 1.2 |
Current ratio | 1.1 | 0.9 | 1.2 |
Cash and cash equivalents | -30.01 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | 73.1 | 70.1 | 0.0 |
Net working capital % | 2.7 % | -2.9 % | 1.2 % |
Credit risk | |||
Credit rating | BBB | BB | BBB |
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