Credit rating
Company information
About ØRNEREDEN - REG. REVISORER A/S
ØRNEREDEN - REG. REVISORER A/S (CVR number: 39301415) is a company from KOLDING. The company recorded a gross profit of 78.8 kDKK in 2022. The operating profit was -40.9 kDKK, while net earnings were -156.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -29.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.6 %, 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. ØRNEREDEN - REG. REVISORER A/S's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 202.99 | 145.56 | 228.67 | 117.90 | 78.78 |
EBIT | -12.56 | -90.62 | -9.96 | -88.03 | -40.88 |
Net earnings | 1.79 | -46.39 | -0.14 | -15.55 | - 156.88 |
Shareholders equity total | 670.47 | 624.08 | 623.94 | 608.39 | 451.51 |
Balance sheet total (assets) | 1 109.50 | 906.84 | 940.97 | 959.60 | 841.99 |
Net debt | - 991.97 | - 769.27 | - 782.41 | - 833.98 | - 722.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | -5.9 % | 0.4 % | -1.6 % | -1.8 % |
ROE | 0.3 % | -7.2 % | -0.0 % | -2.5 % | -29.6 % |
ROI | 0.3 % | -8.4 % | 0.5 % | -2.2 % | -2.8 % |
Economic value added (EVA) | 6.34 | -51.69 | 0.70 | -77.19 | -26.81 |
Solvency | |||||
Equity ratio | 60.4 % | 68.8 % | 66.3 % | 63.4 % | 53.6 % |
Gearing | 8.5 % | 10.7 % | 9.2 % | 8.9 % | 11.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 3.2 | 3.0 | 2.7 | 2.2 |
Current ratio | 2.5 | 3.2 | 3.0 | 2.7 | 2.2 |
Cash and cash equivalents | 1 048.79 | 836.21 | 839.69 | 888.35 | 775.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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