Økseriget ApS — Credit Rating and Financial Key Figures

CVR number: 39262304
Staushedevejen 3, 6621 Gesten
info@oekseriget.dk
tel: 30136621
www.oekseriget.dk

Credit rating

Company information

Official name
Økseriget ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Økseriget ApS

Økseriget ApS (CVR number: 39262304) is a company from VEJEN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 11.8 % compared to the previous year. The operating profit percentage was at 25.8 % (EBIT: 0.1 mDKK), while net earnings were 128.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.3 %, which can be considered excellent and Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Økseriget ApS's liquidity measured by quick ratio was 2.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales164.44220.92317.84446.42498.89
Gross profit27.2935.40150.34100.94128.62
EBIT27.2935.40150.34100.94128.62
Net earnings19.9535.40150.34100.94128.62
Shareholders equity total58.0293.42243.76344.70473.31
Balance sheet total (assets)87.35123.13273.34394.30515.49
Net debt-37.92-56.63-58.35-76.31- 121.94
Profitability
EBIT-%16.6 %16.0 %47.3 %22.6 %25.8 %
ROA38.3 %33.6 %75.8 %30.2 %28.3 %
ROE45.0 %46.8 %89.2 %34.3 %31.4 %
ROI61.5 %46.8 %89.2 %34.3 %31.4 %
Economic value added (EVA)18.6134.39148.4991.63115.13
Solvency
Equity ratio66.4 %75.9 %89.2 %87.4 %91.8 %
Gearing
Relative net indebtedness %-5.2 %-12.2 %-9.0 %-6.0 %-16.0 %
Liquidity
Quick ratio1.42.02.01.52.9
Current ratio3.04.19.27.911.8
Cash and cash equivalents37.9256.6358.3576.31121.94
Capital use efficiency
Trade debtors turnover (days)9.92.5
Net working capital %35.3 %42.3 %76.7 %77.2 %91.3 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:28.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.8%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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