Orbiit ApS — Credit Rating and Financial Key Figures

CVR number: 42148504
Kornvej 24, 4040 Jyllinge

Company information

Official name
Orbiit ApS
Established
2021
Company form
Private limited company
Industry

About Orbiit ApS

Orbiit ApS (CVR number: 42148504) is a company from ROSKILDE. The company recorded a gross profit of 27.6 kDKK in 2023. The operating profit was 23.7 kDKK, while net earnings were 11.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Orbiit ApS's liquidity measured by quick ratio was 4.7 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
2021
2022
2023
Volume
Net sales
Gross profit177.5325.4527.60
EBIT172.9921.5723.72
Net earnings131.3514.0311.55
Shareholders equity total171.35185.38196.93
Balance sheet total (assets)219.41203.38262.44
Net debt- 167.95- 180.02- 232.24
Profitability
EBIT-%
ROA78.9 %10.2 %10.3 %
ROE76.7 %7.9 %6.0 %
ROI81.9 %10.7 %12.0 %
Economic value added (EVA)133.0816.9016.76
Solvency
Equity ratio78.1 %91.2 %75.0 %
Gearing21.4 %1.9 %5.3 %
Relative net indebtedness %
Liquidity
Quick ratio23.615.44.7
Current ratio23.615.44.7
Cash and cash equivalents204.55183.63242.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.0%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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