ØRSNES HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26459109
Hobrovej 452, 9200 Aalborg SV

Credit rating

Company information

Official name
ØRSNES HOLDING ApS
Established
2002
Company form
Private limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About ØRSNES HOLDING ApS

ØRSNES HOLDING ApS (CVR number: 26459109) is a company from AALBORG. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of -251.8 % compared to the previous year. The operating profit percentage was at 98 % (EBIT: 1 mDKK), while net earnings were 1709.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ØRSNES HOLDING ApS's liquidity measured by quick ratio was 31 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales2 011.832 641.562 135.09- 649.40985.83
Gross profit2 000.132 625.482 095.59- 664.14965.63
EBIT2 000.132 625.482 095.59- 664.14965.63
Net earnings2 161.183 036.782 855.40- 197.071 709.66
Shareholders equity total41 029.3943 518.1645 825.5645 080.4946 242.15
Balance sheet total (assets)46 866.7847 456.6349 329.1246 282.5947 062.72
Net debt-4 891.37-6 182.28-6 167.88-6 287.73-5 923.66
Profitability
EBIT-%99.4 %99.4 %98.1 %98.0 %
ROA5.1 %6.8 %6.3 %-0.1 %4.1 %
ROE5.4 %7.2 %6.4 %-0.4 %3.7 %
ROI5.3 %7.0 %6.4 %-0.1 %4.2 %
Economic value added (EVA)2 635.793 078.612 396.24- 210.95901.39
Solvency
Equity ratio87.5 %91.7 %92.9 %97.4 %98.3 %
Gearing12.5 %6.6 %5.8 %1.4 %0.1 %
Relative net indebtedness %-208.8 %-193.0 %-248.7 %880.8 %-523.8 %
Liquidity
Quick ratio3.75.97.420.931.0
Current ratio3.75.97.420.931.0
Cash and cash equivalents10 037.699 037.398 813.886 922.055 984.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %772.8 %727.0 %1031.9 %-3653.7 %2057.6 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:4.14%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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