ØENS AUTOVÆRKSTED ApS — Credit Rating and Financial Key Figures

CVR number: 31581443
Harrehøjvej 12, Lødderup 7900 Nykøbing M

Credit rating

Company information

Official name
ØENS AUTOVÆRKSTED ApS
Personnel
22 persons
Established
2008
Domicile
Lødderup
Company form
Private limited company
Industry
  • Expand more icon953190

About ØENS AUTOVÆRKSTED ApS

ØENS AUTOVÆRKSTED ApS (CVR number: 31581443) is a company from MORSØ. The company recorded a gross profit of 11.5 mDKK in 2023. The operating profit was 3928.6 kDKK, while net earnings were 3041.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.1 %, which can be considered excellent and Return on Equity (ROE) was 54.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ØENS AUTOVÆRKSTED ApS's liquidity measured by quick ratio was 1.1 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 132.296 827.169 390.069 826.4211 477.00
EBIT1 035.571 860.633 002.693 081.943 928.63
Net earnings787.581 427.762 308.992 354.693 041.07
Shareholders equity total1 568.012 375.773 544.754 299.456 940.52
Balance sheet total (assets)5 878.847 126.468 350.589 144.7212 649.80
Net debt1 553.84884.99- 604.18334.95- 632.31
Profitability
EBIT-%
ROA19.9 %28.8 %38.9 %35.3 %36.1 %
ROE50.0 %72.4 %78.0 %60.0 %54.1 %
ROI31.9 %44.4 %61.1 %52.2 %50.8 %
Economic value added (EVA)767.041 416.372 277.782 348.832 935.89
Solvency
Equity ratio26.7 %33.3 %42.4 %47.0 %54.9 %
Gearing154.8 %82.7 %54.4 %47.9 %31.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.61.00.91.1
Current ratio1.21.31.61.72.1
Cash and cash equivalents873.091 080.772 533.891 723.162 815.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:36.1%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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