ØSTEN SVEJSE- OG RØRSERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 25977076
Charlottevej 14, 4270 Høng
oesten64@gmail.com
tel: 40453839

Company information

Official name
ØSTEN SVEJSE- OG RØRSERVICE ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry

About ØSTEN SVEJSE- OG RØRSERVICE ApS

ØSTEN SVEJSE- OG RØRSERVICE ApS (CVR number: 25977076) is a company from KALUNDBORG. The company recorded a gross profit of 5 kDKK in 2023, demonstrating a decline of -95.2 % compared to the previous year. The operating profit was 5 kDKK, while net earnings were 10.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ØSTEN SVEJSE- OG RØRSERVICE ApS's liquidity measured by quick ratio was 29.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales211.45
Gross profit253.971 873.61178.52105.635.03
EBIT- 151.051 406.58- 414.83- 507.465.03
Net earnings- 237.581 268.28- 385.30- 449.8910.30
Shareholders equity total1 118.802 387.08101.78151.89162.19
Balance sheet total (assets)3 767.564 620.431 273.12318.42167.81
Net debt1 581.92-1 631.03895.97- 229.44-13.34
Profitability
EBIT-%-240.0 %
ROA-3.8 %33.5 %-12.3 %-61.6 %3.0 %
ROE-19.2 %72.4 %-31.0 %-354.7 %6.6 %
ROI-4.2 %35.9 %-12.7 %-67.9 %3.7 %
Economic value added (EVA)- 202.061 332.23- 299.66- 459.2214.90
Solvency
Equity ratio29.7 %51.7 %8.0 %47.7 %96.6 %
Gearing198.0 %87.8 %1095.0 %50.1 %
Relative net indebtedness %-65.7 %
Liquidity
Quick ratio0.61.90.61.929.8
Current ratio0.61.90.61.929.8
Cash and cash equivalents633.273 727.76218.50305.5213.34
Capital use efficiency
Trade debtors turnover (days)17.5
Net working capital %71.8 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:2.96%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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