ODDERVEJ 70 ApS — Credit Rating and Financial Key Figures

CVR number: 31332753
Oddervej 70 A, 8270 Højbjerg
tel: 86273344

Credit rating

Company information

Official name
ODDERVEJ 70 ApS
Established
2008
Company form
Private limited company
Industry

About ODDERVEJ 70 ApS

ODDERVEJ 70 ApS (CVR number: 31332753) is a company from AARHUS. The company recorded a gross profit of 438 kDKK in 2023. The operating profit was 351.8 kDKK, while net earnings were 139.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 19 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ODDERVEJ 70 ApS's liquidity measured by quick ratio was 0.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit397.89394.79386.58369.69438.02
EBIT311.66308.56300.35283.46351.79
Net earnings187.97189.30182.75165.44139.91
Shareholders equity total484.90524.19706.94872.381 012.28
Balance sheet total (assets)5 119.995 033.414 946.655 314.455 330.30
Net debt4 128.903 978.533 689.073 126.782 934.54
Profitability
EBIT-%
ROA6.0 %6.1 %6.0 %5.5 %6.6 %
ROE42.6 %37.5 %29.7 %21.0 %14.8 %
ROI6.1 %6.2 %6.1 %5.7 %6.8 %
Economic value added (EVA)45.3246.9846.2431.60104.83
Solvency
Equity ratio9.5 %10.4 %14.3 %16.4 %19.0 %
Gearing852.2 %759.6 %522.2 %410.8 %345.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.60.7
Current ratio0.00.00.00.60.7
Cash and cash equivalents3.503.152.62456.65558.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.65%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.0%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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