ØRSKOV & CO. EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ØRSKOV & CO. EJENDOMSSELSKAB ApS
ØRSKOV & CO. EJENDOMSSELSKAB ApS (CVR number: 29608121) is a company from HELSINGØR. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 77 % (EBIT: 0.4 mDKK), while net earnings were 250.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. ØRSKOV & CO. EJENDOMSSELSKAB 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 532.01 | 532.01 | 533.87 | 536.01 | 536.01 |
Gross profit | 460.97 | 454.69 | 459.96 | 467.20 | 461.87 |
EBIT | 411.67 | 405.39 | 410.66 | 417.90 | 412.56 |
Net earnings | 171.18 | 113.13 | 244.43 | 260.43 | 250.22 |
Shareholders equity total | 1 081.63 | 1 289.46 | 1 557.27 | 1 817.70 | 2 067.91 |
Balance sheet total (assets) | 6 753.09 | 6 610.07 | 6 483.93 | 6 618.08 | 6 748.64 |
Net debt | 4 881.71 | 4 513.17 | 4 147.78 | 3 960.57 | 3 735.74 |
Profitability | |||||
EBIT-% | 77.4 % | 76.2 % | 76.9 % | 78.0 % | 77.0 % |
ROA | 6.5 % | 6.5 % | 6.5 % | 6.7 % | 6.6 % |
ROE | 18.1 % | 9.5 % | 17.2 % | 15.4 % | 12.9 % |
ROI | 7.1 % | 7.0 % | 6.9 % | 7.1 % | 6.9 % |
Economic value added (EVA) | 97.52 | 82.40 | 92.88 | 94.75 | 85.36 |
Solvency | |||||
Equity ratio | 16.0 % | 19.5 % | 24.0 % | 27.5 % | 30.6 % |
Gearing | 453.9 % | 352.1 % | 269.2 % | 219.4 % | 182.9 % |
Relative net indebtedness % | 1003.8 % | 926.8 % | 832.4 % | 795.1 % | 755.9 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.3 | 0.4 | 0.6 |
Current ratio | 0.3 | 0.3 | 0.3 | 0.4 | 0.6 |
Cash and cash equivalents | 27.34 | 27.29 | 44.53 | 26.94 | 47.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.6 | 30.6 | 63.2 | 111.4 | 113.6 |
Net working capital % | -221.2 % | -224.8 % | -183.3 % | -143.4 % | -106.0 % |
Credit risk | |||||
Credit rating | A | A | AA | AA | A |
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