Øster Holding 2017 A/S — Credit Rating and Financial Key Figures

Øster Holding 2017 A/S (CVR number: 38396420K) is a company from MIDDELFART. The company reported a net sales of 777.3 mDKK in 2023, demonstrating a growth of 52.7 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 54.6 mDKK), while net earnings were 40.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 103.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Øster Holding 2017 A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.