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Østre Gasværk af 2023 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Østre Gasværk af 2023 ApS
Østre Gasværk af 2023 ApS (CVR number: 41420375) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 207.8 kDKK in 2024. The operating profit was -10 kDKK, while net earnings were -10.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -14.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. Østre Gasværk af 2023 ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.78 | -2.30 | 90.81 | 288.29 | 207.85 |
| EBIT | -6.78 | -2.30 | -25.80 | 87.90 | -10.00 |
| Net earnings | -6.79 | -2.51 | -29.14 | 66.13 | -10.68 |
| Shareholders equity total | 43.21 | 40.70 | 11.55 | 77.68 | 67.00 |
| Balance sheet total (assets) | 52.50 | 50.00 | 114.64 | 239.40 | 184.37 |
| Net debt | 2.79 | 6.73 | -36.77 | -94.97 | -70.71 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -12.9 % | -4.5 % | -31.3 % | 49.7 % | -4.7 % |
| ROE | -15.7 % | -6.0 % | -111.5 % | 148.2 % | -14.8 % |
| ROI | -14.0 % | -4.8 % | -46.4 % | 89.5 % | -8.0 % |
| Economic value added (EVA) | -6.78 | -4.74 | -31.53 | 65.13 | -14.67 |
| Solvency | |||||
| Equity ratio | 82.3 % | 81.4 % | 10.1 % | 32.4 % | 36.3 % |
| Gearing | 12.2 % | 16.5 % | 451.6 % | 70.8 % | 75.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.3 | 0.9 | 1.3 | 1.1 | |
| Current ratio | 0.3 | 1.1 | 1.6 | 1.5 | |
| Cash and cash equivalents | 2.50 | 88.95 | 149.99 | 121.14 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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