Odense Glasværk ApS

CVR number: 37534331
Havnegade 13, 5000 Odense C
info@odenseglasvaerk.dk

Credit rating

Company information

Official name
Odense Glasværk ApS
Personnel
4 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon23Manufacture of other non-metallic mineral products

About Odense Glasværk ApS

Odense Glasværk ApS (CVR number: 37534331) is a company from ODENSE. The company recorded a gross profit of 1092.4 kDKK in 2021. The operating profit was -99.9 kDKK, while net earnings were -111.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.5 %, which can be considered poor and Return on Equity (ROE) was -29.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -5.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Odense Glasværk ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20172018201920202021
Volume
Net sales
Gross profit0.031 223.001 628.381 051.911 092.38
EBIT0.01- 162.00144.2865.66-99.88
Net earnings0.00- 168.00107.8472.27- 111.53
Shareholders equity total0.06- 109.00-0.6471.62-39.91
Balance sheet total (assets)0.24663.00911.59761.86681.31
Net debt0.01594.00637.72- 419.08- 294.19
Profitability
EBIT-%
ROA0.0 %-42.0 %17.1 %13.8 %-13.5 %
ROE0.0 %-50.7 %13.7 %14.7 %-29.6 %
ROI0.0 %-54.5 %21.8 %24.7 %-87.1 %
Economic value added (EVA)1.83- 162.00149.7651.10-92.23
Solvency
Equity ratio65.6 %-1.3 %10.9 %9.4 %-5.5 %
Gearing166.7 %-545.0 %-99195.8 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.70.90.80.6
Current ratio1.90.81.11.20.9
Cash and cash equivalents0.090.11419.11294.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-13.5%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-5.53%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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