Officeudvikling ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Officeudvikling ApS
Officeudvikling ApS (CVR number: 40597328) is a company from KØBENHAVN. The company reported a net sales of 1.8 mDKK in 2023, demonstrating a decline of -15.8 % compared to the previous year. The operating profit percentage was at 37.1 % (EBIT: 0.7 mDKK), while net earnings were 499.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.7 %, which can be considered excellent and Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72 %, 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. Officeudvikling ApS's liquidity measured by quick ratio was 3.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 300.00 | 2 099.45 | 1 767.05 | ||
Gross profit | 148.95 | 1 225.54 | 1 327.90 | 1 052.07 | 1 616.37 |
EBIT | 85.17 | 508.00 | 87.80 | 438.72 | 656.26 |
Net earnings | 398.72 | 416.82 | 54.31 | 335.85 | 499.83 |
Shareholders equity total | 438.72 | 855.54 | 909.85 | 1 245.70 | 1 745.52 |
Balance sheet total (assets) | 1 127.25 | 1 405.67 | 1 409.75 | 1 604.69 | 2 425.75 |
Net debt | - 145.62 | -1 219.79 | -1 259.62 | -1 404.53 | -2 295.38 |
Profitability | |||||
EBIT-% | 28.4 % | 20.9 % | 37.1 % | ||
ROA | 38.6 % | 40.1 % | 6.2 % | 29.1 % | 32.7 % |
ROE | 90.9 % | 64.4 % | 6.2 % | 31.2 % | 33.4 % |
ROI | 42.4 % | 51.6 % | 9.0 % | 37.7 % | 41.7 % |
Economic value added (EVA) | 79.35 | 437.95 | 90.21 | 364.54 | 515.62 |
Solvency | |||||
Equity ratio | 38.9 % | 60.9 % | 64.5 % | 77.6 % | 72.0 % |
Gearing | 133.8 % | 10.2 % | 9.7 % | 6.9 % | 4.6 % |
Relative net indebtedness % | -14.7 % | -53.9 % | -95.9 % | ||
Liquidity | |||||
Quick ratio | 1.2 | 2.6 | 2.8 | 4.3 | 3.5 |
Current ratio | 1.2 | 2.6 | 2.8 | 4.3 | 3.5 |
Cash and cash equivalents | 732.51 | 1 306.88 | 1 347.92 | 1 490.69 | 2 375.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 76.0 | 10.2 | |||
Net working capital % | 44.1 % | 56.9 % | 95.9 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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