OceanBalance ApS

CVR number: 39529157
Thurøgade 25, 5000 Odense C

Credit rating

Company information

Official name
OceanBalance ApS
Personnel
3 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon88Social work activities without accommodation

About OceanBalance ApS

OceanBalance ApS (CVR number: 39529157) is a company from ODENSE. The company recorded a gross profit of 314.9 kDKK in 2023. The operating profit was 61.9 kDKK, while net earnings were 43.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 33.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. OceanBalance ApS's liquidity measured by quick ratio was 4 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 sales
Gross profit467.21354.6769.31187.45314.94
EBIT353.00220.10-40.0931.0961.89
Net earnings264.22166.77-36.7716.8643.87
Shareholders equity total320.34376.51226.74129.20133.87
Balance sheet total (assets)494.29558.21386.10453.76177.95
Net debt-55.60- 181.71123.85298.81- 111.59
Profitability
EBIT-%
ROA91.5 %41.8 %-8.5 %7.4 %19.6 %
ROE109.1 %47.9 %-12.2 %9.5 %33.3 %
ROI135.6 %61.0 %-11.0 %8.0 %22.0 %
Economic value added (EVA)273.17157.45-41.1311.3940.39
Solvency
Equity ratio64.8 %67.4 %58.7 %28.5 %75.2 %
Gearing7.6 %54.6 %231.3 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.10.20.34.0
Current ratio0.81.10.20.34.0
Cash and cash equivalents79.82181.71112.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:19.6%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.2%
Rating: 56/100
-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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