ØRSTEDSGADE VEJLE ApS — Credit Rating and Financial Key Figures

CVR number: 27979408
Niels P Thomsens Vej 10, 7500 Holstebro

Company information

Official name
ØRSTEDSGADE VEJLE ApS
Established
2004
Company form
Private limited company
Industry

About ØRSTEDSGADE VEJLE ApS

ØRSTEDSGADE VEJLE ApS (CVR number: 27979408) is a company from HOLSTEBRO. The company recorded a gross profit of 494.9 kDKK in 2023. The operating profit was 494.9 kDKK, while net earnings were 226.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 18.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ØRSTEDSGADE VEJLE ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit623.73616.29634.651 387.40494.92
EBIT623.73616.29634.651 387.40494.92
Net earnings358.29358.26391.59988.92226.91
Shareholders equity total291.42649.691 041.271 630.191 857.10
Balance sheet total (assets)11 805.2511 998.7512 192.2510 224.5910 263.13
Net debt10 628.8610 526.909 513.307 568.547 151.70
Profitability
EBIT-%
ROA5.3 %5.2 %5.3 %12.7 %4.8 %
ROE6.0 %76.1 %46.3 %74.0 %13.0 %
ROI6.1 %5.6 %5.8 %14.4 %5.4 %
Economic value added (EVA)489.89465.19462.361 029.84278.90
Solvency
Equity ratio2.5 %5.4 %8.5 %15.9 %18.1 %
Gearing3647.2 %1620.3 %913.6 %464.3 %385.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.0
Current ratio1.01.11.11.21.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:4.83%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.1%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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