On Tower Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 26123496
Ørestads Boulevard 108, 2300 København S

Credit rating

Company information

Official name
On Tower Denmark ApS
Personnel
19 persons
Established
2001
Company form
Private limited company
Industry

About On Tower Denmark ApS

On Tower Denmark ApS (CVR number: 26123496) is a company from KØBENHAVN. The company reported a net sales of 277.7 mDKK in 2024, demonstrating a growth of 2.3 % compared to the previous year. The operating profit percentage was at 41.4 % (EBIT: 115 mDKK), while net earnings were 90.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 82.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. On Tower Denmark ApS's liquidity measured by quick ratio was 3.6 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales202.84214.59236.66271.58277.73
Gross profit200.83134.70136.83161.63170.32
EBIT100.1697.6798.92110.46114.96
Net earnings117.4374.6373.6874.2590.73
Shareholders equity total850.73925.36962.041 185.051 125.78
Balance sheet total (assets)889.161 035.411 227.951 369.301 371.30
Net debt41.86150.96-61.4974.13
Profitability
EBIT-%49.4 %45.5 %41.8 %40.7 %41.4 %
ROA2.9 %10.2 %8.7 %8.6 %8.6 %
ROE3.4 %8.4 %7.8 %6.9 %7.9 %
ROI2.9 %10.4 %9.3 %9.1 %9.1 %
Economic value added (EVA)- 214.0533.3727.4626.8225.78
Solvency
Equity ratio100.0 %89.4 %78.3 %86.5 %82.1 %
Gearing6.2 %18.6 %0.9 %6.6 %
Relative net indebtedness %41.6 %97.9 %3.5 %50.3 %
Liquidity
Quick ratio4.42.06.53.6
Current ratio4.42.06.53.6
Cash and cash equivalents15.6428.4372.48
Capital use efficiency
Trade debtors turnover (days)121.3134.493.0101.6
Net working capital %165.4 %106.3 %165.0 %130.1 %
Credit risk
Credit ratingBBBAAAAAAAAAAAA

Variable visualization

ROA:8.63%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.1%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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