ØSTERBERG HOLDING ApS

ØSTERBERG HOLDING ApS (CVR number: 21210498K) is a company from KERTEMINDE. The company reported a net sales of 58 mUSD in 2023, demonstrating a decline of -12.4 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 2.4 mUSD), while net earnings were -140 kUSD. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.1 %, 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. ØSTERBERG HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.