Credit rating
Company information
About OKTOBER INVEST A/S
OKTOBER INVEST A/S (CVR number: 31371600) is a company from IKAST-BRANDE. The company recorded a gross profit of 47 kDKK in 2019. The operating profit was -13 kDKK, while net earnings were -101.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OKTOBER INVEST A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 43.38 | 36.91 | 45.96 | 46.96 |
EBIT | -26.55 | -13.09 | -14.04 | -13.04 |
Net earnings | - 372.63 | 34.79 | -65.48 | - 101.90 |
Shareholders equity total | 1 175.41 | 1 210.20 | 1 144.71 | 542.81 |
Balance sheet total (assets) | 1 209.84 | 1 241.41 | 1 181.78 | 576.73 |
Net debt | -4.38 | -46.01 | -24.37 | -22.66 |
Profitability | ||||
EBIT-% | ||||
ROA | -30.8 % | 3.0 % | -5.3 % | -11.6 % |
ROE | -31.7 % | 2.9 % | -5.6 % | -12.1 % |
ROI | -31.7 % | 3.1 % | -5.5 % | -12.1 % |
Economic value added (EVA) | -26.55 | -21.11 | -19.20 | -16.02 |
Solvency | ||||
Equity ratio | 97.2 % | 97.5 % | 96.9 % | 94.1 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 5.8 | 5.8 | 3.3 | 3.5 |
Current ratio | 5.8 | 5.8 | 3.3 | 3.5 |
Cash and cash equivalents | 4.38 | 46.01 | 24.37 | 22.66 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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