K/S ØSTERGADE 11, KØBENHAVN — Credit Rating and Financial Key Figures

CVR number: 26273307
Hagens Alle 50, 2900 Hellerup

Credit rating

Company information

Official name
K/S ØSTERGADE 11, KØBENHAVN
Established
2001
Company form
Limited partnership
Industry

About K/S ØSTERGADE 11, KØBENHAVN

K/S ØSTERGADE 11, KØBENHAVN (CVR number: 26273307) is a company from GENTOFTE. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a decline of -21.1 % compared to the previous year. The operating profit percentage was poor at -252.7 % (EBIT: -2.9 mDKK), while net earnings were -3185.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.6 %, which can be considered poor and Return on Equity (ROE) was -17.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.3 %, 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. K/S ØSTERGADE 11, KØBENHAVN's liquidity measured by quick ratio was 1.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 293.981 337.321 384.491 431.491 128.94
Gross profit804.36-1 808.912 502.32500.22-2 853.02
EBIT804.36-1 808.912 502.32500.22-2 853.02
Net earnings661.57-1 896.332 412.50376.61-3 185.47
Shareholders equity total20 360.1818 463.8520 876.3520 252.9617 067.49
Balance sheet total (assets)29 175.3627 151.8729 182.3728 402.8724 985.33
Net debt8 066.027 698.766 568.366 805.616 596.59
Profitability
EBIT-%62.2 %-135.3 %180.7 %34.9 %-252.7 %
ROA2.8 %-6.4 %8.9 %1.7 %-10.6 %
ROE3.2 %-9.8 %12.3 %1.8 %-17.1 %
ROI2.8 %-6.5 %9.0 %1.8 %-10.8 %
Economic value added (EVA)804.38-3 251.161 167.35- 944.83-4 255.95
Solvency
Equity ratio69.8 %68.0 %71.5 %71.3 %68.3 %
Gearing41.0 %43.9 %37.7 %37.9 %43.8 %
Relative net indebtedness %660.0 %619.5 %505.1 %509.2 %622.9 %
Liquidity
Quick ratio0.30.82.01.31.4
Current ratio0.30.82.01.31.4
Cash and cash equivalents275.36403.891 312.37860.48885.33
Capital use efficiency
Trade debtors turnover (days)24.1
Net working capital %-43.0 %-12.1 %47.4 %15.7 %22.9 %
Credit risk
Credit ratingAABBBAAABBB

Variable visualization

ROA:-10.6%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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