Østjysk Bilglas A/S — Credit Rating and Financial Key Figures

CVR number: 38768239
Svostrupvej 57, Svostrup 8600 Silkeborg
kennethnielsen82@yahoo.dk

Credit rating

Company information

Official name
Østjysk Bilglas A/S
Personnel
3 persons
Established
2017
Domicile
Svostrup
Company form
Limited company
Industry

About Østjysk Bilglas A/S

Østjysk Bilglas A/S (CVR number: 38768239) is a company from SILKEBORG. The company recorded a gross profit of 3009.7 kDKK in 2024. The operating profit was 1163.7 kDKK, while net earnings were 875.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.7 %, which can be considered excellent and Return on Equity (ROE) was 54.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Østjysk Bilglas A/S's liquidity measured by quick ratio was 1.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 511.202 233.582 518.652 389.833 009.68
EBIT195.24597.60755.97835.851 163.67
Net earnings148.48461.16568.85613.82875.69
Shareholders equity total1 285.301 246.461 315.311 429.121 804.81
Balance sheet total (assets)2 310.102 321.472 862.093 453.073 917.86
Net debt- 330.36- 969.87- 824.59- 970.47-1 363.80
Profitability
EBIT-%
ROA8.3 %26.0 %29.2 %26.5 %31.7 %
ROE10.9 %36.4 %44.4 %44.7 %54.2 %
ROI10.3 %37.2 %41.0 %33.9 %39.8 %
Economic value added (EVA)35.15382.72509.01546.17766.86
Solvency
Equity ratio55.6 %53.7 %46.0 %41.4 %46.1 %
Gearing24.3 %25.6 %56.8 %96.6 %66.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.81.41.51.5
Current ratio1.81.91.51.51.6
Cash and cash equivalents643.301 289.051 572.342 351.632 571.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:31.7%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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