Obton Forvaltning A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Obton Forvaltning A/S
Obton Forvaltning A/S (CVR number: 38733605) is a company from AARHUS. The company reported a net sales of 28.7 mDKK in 2023, demonstrating a decline of -13.7 % compared to the previous year. The operating profit percentage was poor at -34.4 % (EBIT: -9.9 mDKK), while net earnings were -7116 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36 %, which can be considered poor and Return on Equity (ROE) was -49.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Obton Forvaltning A/S's liquidity measured by quick ratio was 2.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 21 593.00 | 11 286.00 | 29 383.00 | 33 260.00 | 28 699.00 |
Gross profit | 21 699.00 | 12 117.00 | 30 643.00 | 33 627.00 | 28 894.00 |
EBIT | 336.00 | -1 905.00 | 256.00 | 13 038.00 | -9 886.00 |
Net earnings | 354.00 | -1 544.00 | 157.00 | 9 675.00 | -7 116.00 |
Shareholders equity total | 9 606.00 | 8 062.00 | 8 219.00 | 17 894.00 | 10 778.00 |
Balance sheet total (assets) | 15 148.00 | 11 480.00 | 15 338.00 | 34 315.00 | 17 491.00 |
Net debt | -3 908.00 | -5 680.00 | -2 283.00 | -2 667.00 | -8 533.00 |
Profitability | |||||
EBIT-% | 1.6 % | -16.9 % | 0.9 % | 39.2 % | -34.4 % |
ROA | 3.1 % | -14.3 % | 1.9 % | 52.5 % | -36.0 % |
ROE | 3.7 % | -17.5 % | 1.9 % | 74.1 % | -49.6 % |
ROI | 4.8 % | -21.6 % | 3.1 % | 99.9 % | -65.1 % |
Economic value added (EVA) | 261.99 | -1 773.34 | 85.37 | 9 747.32 | -8 226.05 |
Solvency | |||||
Equity ratio | 63.4 % | 70.2 % | 53.6 % | 52.1 % | 61.6 % |
Gearing | |||||
Relative net indebtedness % | 7.6 % | -20.0 % | 16.5 % | 41.4 % | -6.3 % |
Liquidity | |||||
Quick ratio | 2.7 | 3.4 | 2.2 | 2.1 | 2.6 |
Current ratio | 2.7 | 3.4 | 2.2 | 2.1 | 2.6 |
Cash and cash equivalents | 3 908.00 | 5 680.00 | 2 283.00 | 2 667.00 | 8 533.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 122.0 | 2.4 | 1.1 | 14.7 | 16.6 |
Net working capital % | 44.5 % | 71.4 % | 28.0 % | 53.8 % | 37.6 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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