ODIN Engineering A/S — Credit Rating and Financial Key Figures

CVR number: 82902511
Elmedalsvej 6, 4200 Slagelse
odin@odin-engineering.dk
tel: 58550500
www.odin-engineering.dk

Credit rating

Company information

Official name
ODIN Engineering A/S
Personnel
41 persons
Established
1977
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About ODIN Engineering A/S

ODIN Engineering A/S (CVR number: 82902511) is a company from SLAGELSE. The company recorded a gross profit of 5572.1 kDKK in 2024. The operating profit was -21.5 mDKK, while net earnings were -23.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -28.5 %, which can be considered poor and Return on Equity (ROE) was -74 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32 %, 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. ODIN Engineering A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit43 981.4946 881.6722 863.2627 413.475 572.06
EBIT8 988.379 465.04-11 228.82-1 670.51-21 512.72
Net earnings6 735.526 966.67-9 018.64-1 286.78-23 908.83
Shareholders equity total49 888.2056 854.8843 236.2441 949.4622 640.63
Balance sheet total (assets)79 296.89104 985.4573 404.6277 386.9970 661.11
Net debt-24 912.08- 285.997 663.57-10 025.619 993.28
Profitability
EBIT-%
ROA11.3 %10.3 %-12.5 %-1.9 %-28.5 %
ROE13.1 %13.1 %-18.0 %-3.0 %-74.0 %
ROI15.4 %14.0 %-17.4 %-2.4 %-44.3 %
Economic value added (EVA)4 574.636 151.89-11 546.17-3 541.52-25 253.59
Solvency
Equity ratio62.9 %54.2 %58.9 %54.2 %32.0 %
Gearing24.7 %20.9 %38.8 %34.3 %44.6 %
Relative net indebtedness %
Liquidity
Quick ratio4.62.12.01.80.8
Current ratio5.22.32.82.41.8
Cash and cash equivalents37 244.7812 178.939 100.4224 411.6497.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:-28.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.0%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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