Odense Glasværk ApS
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 0.03 | 1 223.00 | 1 628.38 | 1 051.91 | 1 092.38 |
EBIT | 0.01 | - 162.00 | 144.28 | 65.66 | -99.88 |
Net earnings | 0.00 | - 168.00 | 107.84 | 72.27 | - 111.53 |
Shareholders equity total | 0.06 | - 109.00 | -0.64 | 71.62 | -39.91 |
Balance sheet total (assets) | 0.24 | 663.00 | 911.59 | 761.86 | 681.31 |
Net debt | 0.01 | 594.00 | 637.72 | - 419.08 | - 294.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.0 % | -42.0 % | 17.1 % | 13.8 % | -13.5 % |
ROE | 0.0 % | -50.7 % | 13.7 % | 14.7 % | -29.6 % |
ROI | 0.0 % | -54.5 % | 21.8 % | 24.7 % | -87.1 % |
Economic value added (EVA) | 1.83 | - 162.00 | 149.76 | 51.10 | -92.23 |
Solvency | |||||
Equity ratio | 65.6 % | -1.3 % | 10.9 % | 9.4 % | -5.5 % |
Gearing | 166.7 % | -545.0 % | -99195.8 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 0.7 | 0.9 | 0.8 | 0.6 |
Current ratio | 1.9 | 0.8 | 1.1 | 1.2 | 0.9 |
Cash and cash equivalents | 0.09 | 0.11 | 419.11 | 294.19 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | BB | B |
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