Østen Group A/S — Credit Rating and Financial Key Figures

CVR number: 40619313
Guldagervej 139, 4640 Faxe

Credit rating

Company information

Official name
Østen Group A/S
Personnel
6 persons
Established
2019
Company form
Limited company
Industry
  • Expand more icon96Other personal service activities

About Østen Group A/S

Østen Group A/S (CVR number: 40619313) is a company from FAXE. The company recorded a gross profit of 3437 kDKK in 2023. The operating profit was 132.9 kDKK, while net earnings were 3.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55 %, 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. Østen Group A/S's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 885.103 455.243 670.453 702.783 436.99
EBIT- 563.94266.99612.88459.24132.90
Net earnings- 523.92126.27417.77282.563.49
Shareholders equity total1 909.362 035.632 453.402 735.962 239.45
Balance sheet total (assets)5 078.355 279.015 310.116 110.315 242.16
Net debt1 193.21914.321 233.941 867.691 381.54
Profitability
EBIT-%
ROA-11.0 %5.3 %11.9 %8.5 %2.9 %
ROE-27.4 %6.4 %18.6 %10.9 %0.1 %
ROI-14.7 %7.2 %15.2 %8.9 %2.7 %
Economic value added (EVA)- 446.7892.52364.32235.06-53.63
Solvency
Equity ratio37.6 %38.9 %46.2 %53.8 %55.0 %
Gearing63.1 %51.2 %57.2 %71.2 %64.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.60.81.41.2
Current ratio0.30.60.81.51.4
Cash and cash equivalents11.81127.37168.4880.9568.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:2.86%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

Companies in the same industry

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