K/S Obton Development — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S Obton Development
K/S Obton Development (CVR number: 43938738) is a company from AARHUS. The company recorded a gross profit of -10.9 kDKK in 2024. The operating profit was -10.9 kDKK, while net earnings were -508.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -14.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K/S Obton Development's liquidity measured by quick ratio was 0.7 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 financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | -0.28 | -10.87 |
EBIT | -0.28 | -10.87 |
Net earnings | -74.52 | - 508.07 |
Shareholders equity total | 325.48 | - 182.59 |
Balance sheet total (assets) | 3 237.71 | 6 892.01 |
Net debt | 2 735.33 | 7 001.69 |
Profitability | ||
EBIT-% | ||
ROA | 0.1 % | -0.1 % |
ROE | -22.9 % | -14.1 % |
ROI | 0.1 % | -0.1 % |
Economic value added (EVA) | -0.28 | -25.69 |
Solvency | ||
Equity ratio | 10.1 % | -2.6 % |
Gearing | 849.8 % | -3835.8 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 0.6 | 0.7 |
Current ratio | 0.6 | 0.7 |
Cash and cash equivalents | 30.55 | 2.09 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BBB | BBB |
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