OKTOBER INVEST A/S

CVR number: 31371600
H C Lumbyes Vej 1, 7430 Ikast

Credit rating

Company information

Official name
OKTOBER INVEST A/S
Personnel
1 person
Established
2008
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016201720182019
Volume
Net sales
Gross profit43.3836.9145.9646.96
EBIT-26.55-13.09-14.04-13.04
Net earnings- 372.6334.79-65.48- 101.90
Shareholders equity total1 175.411 210.201 144.71542.81
Balance sheet total (assets)1 209.841 241.411 181.78576.73
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 ratio97.2 %97.5 %96.9 %94.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.85.83.33.5
Current ratio5.85.83.33.5
Cash and cash equivalents4.3846.0124.3722.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-11.6%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.1%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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