K/S ØSTERGADE 11, KØBENHAVN — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 293.98 | 1 337.32 | 1 384.49 | 1 431.49 | 1 128.94 |
Gross profit | 804.36 | -1 808.91 | 2 502.32 | 500.22 | -2 853.02 |
EBIT | 804.36 | -1 808.91 | 2 502.32 | 500.22 | -2 853.02 |
Net earnings | 661.57 | -1 896.33 | 2 412.50 | 376.61 | -3 185.47 |
Shareholders equity total | 20 360.18 | 18 463.85 | 20 876.35 | 20 252.96 | 17 067.49 |
Balance sheet total (assets) | 29 175.36 | 27 151.87 | 29 182.37 | 28 402.87 | 24 985.33 |
Net debt | 8 066.02 | 7 698.76 | 6 568.36 | 6 805.61 | 6 596.59 |
Profitability | |||||
EBIT-% | 62.2 % | -135.3 % | 180.7 % | 34.9 % | -252.7 % |
ROA | 2.8 % | -6.4 % | 8.9 % | 1.7 % | -10.6 % |
ROE | 3.2 % | -9.8 % | 12.3 % | 1.8 % | -17.1 % |
ROI | 2.8 % | -6.5 % | 9.0 % | 1.8 % | -10.8 % |
Economic value added (EVA) | 804.38 | -3 251.16 | 1 167.35 | - 944.83 | -4 255.95 |
Solvency | |||||
Equity ratio | 69.8 % | 68.0 % | 71.5 % | 71.3 % | 68.3 % |
Gearing | 41.0 % | 43.9 % | 37.7 % | 37.9 % | 43.8 % |
Relative net indebtedness % | 660.0 % | 619.5 % | 505.1 % | 509.2 % | 622.9 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.8 | 2.0 | 1.3 | 1.4 |
Current ratio | 0.3 | 0.8 | 2.0 | 1.3 | 1.4 |
Cash and cash equivalents | 275.36 | 403.89 | 1 312.37 | 860.48 | 885.33 |
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 rating | AA | BBB | AA | A | BBB |
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