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

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

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 2389.8 kDKK in 2023. The operating profit was 835.9 kDKK, while net earnings were 613.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.5 %, which can be considered excellent and Return on Equity (ROE) was 44.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.4 %, 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 high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 715.081 511.202 233.582 518.652 389.83
EBIT469.26195.24597.60755.97835.85
Net earnings354.13148.48461.16568.85613.82
Shareholders equity total1 436.821 285.301 246.461 315.311 429.12
Balance sheet total (assets)2 636.042 310.102 321.472 862.093 453.07
Net debt- 861.80- 330.36- 969.87- 824.59- 970.47
Profitability
EBIT-%
ROA19.0 %8.3 %26.0 %29.2 %26.5 %
ROE25.1 %10.9 %36.4 %44.4 %44.7 %
ROI22.0 %10.3 %37.2 %41.0 %33.9 %
Economic value added (EVA)374.56163.45433.21591.16664.41
Solvency
Equity ratio54.5 %55.6 %53.7 %46.0 %41.4 %
Gearing57.0 %24.3 %25.6 %56.8 %96.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.41.71.81.41.5
Current ratio3.51.81.91.51.5
Cash and cash equivalents1 680.21643.301 289.051 572.342 351.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:26.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.4%
Rating: 34/100
-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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