OKTOBER INVEST A/S — Credit Rating and Financial Key Figures

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

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
2016
2017
2018
2019
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 ratingBBBBBBBBBBBB

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

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.