Odico Balance Sheet Health
Financial Health criteria checks 3/6
Odico has a total shareholder equity of DKK14.4M and total debt of DKK8.6M, which brings its debt-to-equity ratio to 59.6%. Its total assets and total liabilities are DKK29.7M and DKK15.3M respectively.
Key information
59.6%
Debt to equity ratio
kr.8.58m
Debt
Interest coverage ratio | n/a |
Cash | kr.115.90k |
Equity | kr.14.41m |
Total liabilities | kr.15.29m |
Total assets | kr.29.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ODICO's short term assets (DKK7.7M) do not cover its short term liabilities (DKK10.4M).
Long Term Liabilities: ODICO's short term assets (DKK7.7M) exceed its long term liabilities (DKK4.9M).
Debt to Equity History and Analysis
Debt Level: ODICO's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: ODICO's debt to equity ratio has increased from 0% to 59.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ODICO has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ODICO is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.