The Old Office ApS — Credit Rating and Financial Key Figures

CVR number: 40401725
Amagerbrogade 42, 2300 København S
theoldoffice@gmail.com
tel: 42422969
www.theoldoffice.dk

Credit rating

Company information

Official name
The Old Office ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About The Old Office ApS

The Old Office ApS (CVR number: 40401725) is a company from KØBENHAVN. The company recorded a gross profit of 40.6 kDKK in 2023. The operating profit was 24.1 kDKK, while net earnings were 20.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. The Old Office ApS's liquidity measured by quick ratio was 2.1 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
20192020202120222023
Volume
Net sales62.85
Gross profit70.4681.62130.85125.4540.59
EBIT66.2452.1298.0684.5224.07
Net earnings50.7334.1295.1263.8420.15
Shareholders equity total65.7399.85194.97158.8278.97
Balance sheet total (assets)83.34136.87236.03206.72121.17
Net debt-35.12-72.42- 156.02- 159.17-63.41
Profitability
EBIT-%105.4 %
ROA79.5 %47.3 %52.6 %38.2 %14.7 %
ROE77.2 %41.2 %64.5 %36.1 %17.0 %
ROI91.7 %55.4 %62.3 %46.1 %17.8 %
Economic value added (EVA)50.7332.5893.7463.3819.89
Solvency
Equity ratio78.9 %73.0 %82.6 %76.8 %65.2 %
Gearing0.3 %4.2 %29.6 %
Relative net indebtedness %-38.2 %
Liquidity
Quick ratio3.43.54.33.62.1
Current ratio6.05.65.94.32.8
Cash and cash equivalents35.1272.42156.61165.8386.77
Capital use efficiency
Trade debtors turnover (days)4.0
Net working capital %88.0 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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