Credit rating
Company information
About ØREVAD ApS
ØREVAD ApS (CVR number: 29917809) is a company from FREDERIKSBERG. The company recorded a gross profit of -16.6 kDKK in 2018. The operating profit was -16.6 kDKK, while net earnings were -13.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.7 %, which can be considered poor and Return on Equity (ROE) was -12.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79 %, 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. ØREVAD ApS's liquidity measured by quick ratio was 24.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -11.32 | 115.35 | -16.62 |
EBIT | -11.32 | 115.35 | -16.62 |
Net earnings | -8.83 | 89.97 | -13.49 |
Shareholders equity total | 21.36 | 111.33 | 97.84 |
Balance sheet total (assets) | 26.36 | 137.39 | 123.90 |
Net debt | -9.14 | - 123.87 | - 104.47 |
Profitability | |||
EBIT-% | |||
ROA | -42.9 % | 140.9 % | -12.7 % |
ROE | -41.3 % | 135.6 % | -12.9 % |
ROI | -53.0 % | 173.9 % | -15.9 % |
Economic value added (EVA) | -8.83 | 89.36 | -12.33 |
Solvency | |||
Equity ratio | 81.0 % | 81.0 % | 79.0 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 5.3 | 27.5 | 24.8 |
Current ratio | 5.3 | 27.5 | 24.8 |
Cash and cash equivalents | 9.14 | 123.87 | 104.47 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | C | C |
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