ØSTERGADE HERNING ApS — Credit Rating and Financial Key Figures

ØSTERGADE HERNING ApS (CVR number: 33766467) is a company from HERNING. The company recorded a gross profit of 1781.6 kDKK in 2023. The operating profit was 1143.8 kDKK, while net earnings were 541.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. ØSTERGADE HERNING ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.