ØERNES BOLIGLÅN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ØERNES BOLIGLÅN A/S
ØERNES BOLIGLÅN A/S (CVR number: 12425988) is a company from GREVE. The company recorded a gross profit of -49.7 kDKK in 2024. The operating profit was -163.9 kDKK, while net earnings were -193.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.4 %, 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. ØERNES BOLIGLÅN A/S's liquidity measured by quick ratio was 4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 270.28 | -45.77 | -35.51 | -14.84 | -49.70 |
| EBIT | - 407.07 | - 189.32 | - 118.14 | - 135.59 | - 163.92 |
| Net earnings | - 201.32 | - 153.64 | - 112.07 | - 170.45 | - 193.76 |
| Shareholders equity total | 2 437.24 | 2 200.21 | 2 047.04 | 1 835.50 | 1 617.77 |
| Balance sheet total (assets) | 4 753.78 | 4 434.04 | 4 222.33 | 3 941.22 | 3 642.66 |
| Net debt | 1 506.93 | 1 552.38 | 1 533.26 | 1 500.09 | 1 429.72 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -3.4 % | -2.7 % | -1.1 % | -1.6 % | -2.7 % |
| ROE | -7.8 % | -6.6 % | -5.3 % | -8.8 % | -11.2 % |
| ROI | -3.5 % | -2.8 % | -1.1 % | -1.7 % | -2.7 % |
| Economic value added (EVA) | - 663.01 | - 424.68 | - 336.88 | - 343.57 | - 357.75 |
| Solvency | |||||
| Equity ratio | 51.3 % | 49.6 % | 48.5 % | 46.6 % | 44.4 % |
| Gearing | 92.2 % | 97.8 % | 102.2 % | 110.2 % | 120.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 7.8 | 5.7 | 4.3 | 4.0 | 4.0 |
| Current ratio | 7.8 | 5.7 | 4.3 | 4.0 | 4.0 |
| Cash and cash equivalents | 739.61 | 600.36 | 558.58 | 521.79 | 515.94 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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