ØRNEREDEN - REG. REVISORER A/S — Credit Rating and Financial Key Figures
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 35.5 kDKK in 2024. The operating profit was -53.5 kDKK, while net earnings were 6.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ØRNEREDEN - REG. REVISORER A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 228.67 | 117.90 | 78.78 | 36.06 | 35.51 |
EBIT | -9.96 | -88.03 | -40.88 | -59.87 | -53.52 |
Net earnings | -0.14 | -15.55 | - 156.88 | -6.53 | 6.52 |
Shareholders equity total | 623.94 | 608.39 | 451.51 | 444.98 | 451.50 |
Balance sheet total (assets) | 940.97 | 959.60 | 841.99 | 870.03 | 628.50 |
Net debt | - 782.41 | - 833.98 | - 722.33 | - 732.60 | - 513.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.4 % | -1.6 % | -1.8 % | -0.5 % | 1.6 % |
ROE | -0.0 % | -2.5 % | -29.6 % | -1.5 % | 1.5 % |
ROI | 0.5 % | -2.2 % | -2.8 % | -0.9 % | 2.3 % |
Economic value added (EVA) | 0.70 | -77.19 | -26.81 | -23.64 | -23.81 |
Solvency | |||||
Equity ratio | 66.3 % | 63.4 % | 53.6 % | 51.1 % | 71.8 % |
Gearing | 9.2 % | 8.9 % | 11.9 % | 15.9 % | 15.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 2.7 | 2.2 | 2.0 | 3.6 |
Current ratio | 3.0 | 2.7 | 2.2 | 2.0 | 3.6 |
Cash and cash equivalents | 839.69 | 888.35 | 775.94 | 803.17 | 583.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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