Ostergaard Marine Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 28868707
Rødspættevej 8, 9970 Strandby
tel: 98481120

Credit rating

Company information

Official name
Ostergaard Marine Solutions A/S
Personnel
13 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About Ostergaard Marine Solutions A/S

Ostergaard Marine Solutions A/S (CVR number: 28868707) is a company from FREDERIKSHAVN. The company recorded a gross profit of 6009.7 kDKK in 2023. The operating profit was 727.4 kDKK, while net earnings were 278.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 25.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ostergaard Marine Solutions A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit5 375.256 790.728 476.425 002.856 009.73
EBIT- 190.43720.792 650.14-53.46727.39
Net earnings- 218.95266.332 062.47- 230.04278.87
Shareholders equity total2 537.612 803.944 666.413 436.373 715.24
Balance sheet total (assets)8 029.5612 492.7813 765.4213 936.1715 269.48
Net debt3 221.995 126.876 266.998 259.208 128.46
Profitability
EBIT-%
ROA-2.1 %7.1 %20.5 %-0.2 %5.7 %
ROE-7.1 %10.0 %55.2 %-5.7 %7.8 %
ROI-2.8 %9.8 %26.2 %-0.2 %6.6 %
Economic value added (EVA)- 334.74329.621 862.46- 469.69212.09
Solvency
Equity ratio31.6 %22.4 %34.0 %24.8 %25.6 %
Gearing128.5 %186.7 %135.4 %242.1 %219.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.61.10.91.0
Current ratio1.30.91.51.11.2
Cash and cash equivalents40.08109.1152.2260.4229.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:5.68%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.6%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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