AAGE ØSTERGAARD MØBELINDUSTRI A/S — Credit Rating and Financial Key Figures

CVR number: 36036060
Hesthøjvej 16, 7870 Roslev

Credit rating

Company information

Official name
AAGE ØSTERGAARD MØBELINDUSTRI A/S
Personnel
15 persons
Established
2014
Company form
Limited company
Industry

About AAGE ØSTERGAARD MØBELINDUSTRI A/S

AAGE ØSTERGAARD MØBELINDUSTRI A/S (CVR number: 36036060) is a company from SKIVE. The company recorded a gross profit of 14.5 mDKK in 2024. The operating profit was 7935.6 kDKK, while net earnings were 6101.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.2 %, which can be considered excellent and Return on Equity (ROE) was 44.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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. AAGE ØSTERGAARD MØBELINDUSTRI A/S's liquidity measured by quick ratio was 1.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 348.9513 033.3112 225.8614 251.2014 486.52
EBIT4 469.577 161.837 313.557 727.657 935.62
Net earnings3 461.995 553.095 679.685 886.946 101.52
Shareholders equity total8 508.1610 661.2512 340.9313 227.8714 329.39
Balance sheet total (assets)12 868.0416 159.2520 453.1021 858.8019 993.15
Net debt-2 857.31-1 286.121 825.95151.94-2 625.21
Profitability
EBIT-%
ROA38.8 %49.3 %40.0 %36.7 %38.2 %
ROE44.5 %57.9 %49.4 %46.0 %44.3 %
ROI57.6 %74.7 %57.4 %48.4 %50.3 %
Economic value added (EVA)3 131.925 155.615 167.065 279.195 321.24
Solvency
Equity ratio66.1 %66.0 %60.3 %60.5 %71.7 %
Gearing20.4 %30.3 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.40.70.91.3
Current ratio2.92.92.52.53.5
Cash and cash equivalents2 857.311 286.12693.103 856.522 822.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:38.2%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.7%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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