ØRSKOV & CO. EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 29608121
Bybjergvej 5, 3060 Espergærde
tel: 49194949

Company information

Official name
ØRSKOV & CO. EJENDOMSSELSKAB ApS
Established
2006
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales532.01532.01533.87536.01536.01
Gross profit460.97454.69459.96467.20461.87
EBIT411.67405.39410.66417.90412.56
Net earnings171.18113.13244.43260.43250.22
Shareholders equity total1 081.631 289.461 557.271 817.702 067.91
Balance sheet total (assets)6 753.096 610.076 483.936 618.086 748.64
Net debt4 881.714 513.174 147.783 960.573 735.74
Profitability
EBIT-%77.4 %76.2 %76.9 %78.0 %77.0 %
ROA6.5 %6.5 %6.5 %6.7 %6.6 %
ROE18.1 %9.5 %17.2 %15.4 %12.9 %
ROI7.1 %7.0 %6.9 %7.1 %6.9 %
Economic value added (EVA)97.5282.4092.8894.7585.36
Solvency
Equity ratio16.0 %19.5 %24.0 %27.5 %30.6 %
Gearing453.9 %352.1 %269.2 %219.4 %182.9 %
Relative net indebtedness %1003.8 %926.8 %832.4 %795.1 %755.9 %
Liquidity
Quick ratio0.30.30.30.40.6
Current ratio0.30.30.30.40.6
Cash and cash equivalents27.3427.2944.5326.9447.11
Capital use efficiency
Trade debtors turnover (days)30.630.663.2111.4113.6
Net working capital %-221.2 %-224.8 %-183.3 %-143.4 %-106.0 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:6.57%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.6%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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