A/S OTTO B. CHRISTENSEN. ØRSØ — Credit Rating and Financial Key Figures

CVR number: 40684611
Dorfvej 4, Ørsø 9330 Dronninglund
tel: 98842454

Credit rating

Company information

Official name
A/S OTTO B. CHRISTENSEN. ØRSØ
Personnel
4 persons
Established
1973
Domicile
Ørsø
Company form
Limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About A/S OTTO B. CHRISTENSEN. ØRSØ

A/S OTTO B. CHRISTENSEN. ØRSØ (CVR number: 40684611) is a company from Brønderslev. The company recorded a gross profit of 1274.3 kDKK in 2023. The operating profit was -73 kDKK, while net earnings were -57.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. A/S OTTO B. CHRISTENSEN. ØRSØ's liquidity measured by quick ratio was 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 profit1 225.151 787.311 854.371 572.721 274.28
EBIT- 410.6535.18-26.5882.74-72.99
Net earnings- 386.15247.45-16.5255.66-57.70
Shareholders equity total4 597.932 345.381 828.851 884.511 776.81
Balance sheet total (assets)5 175.703 128.162 808.092 538.362 409.53
Net debt-2 785.86- 275.42349.09-62.89- 189.16
Profitability
EBIT-%
ROA-5.6 %7.8 %-0.5 %3.1 %-3.0 %
ROE-8.1 %7.1 %-0.8 %3.0 %-3.2 %
ROI-6.2 %9.4 %-0.6 %3.8 %-3.7 %
Economic value added (EVA)- 413.04-63.65- 124.63-26.24- 141.52
Solvency
Equity ratio88.8 %75.0 %65.1 %74.2 %73.7 %
Gearing20.0 %7.2 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.71.40.81.11.0
Current ratio7.42.61.92.82.8
Cash and cash equivalents2 785.86275.4217.57198.34224.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:-2.95%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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