ØRSNES URE ApS — Credit Rating and Financial Key Figures

CVR number: 17855743
Boulevarden 6, 9000 Aalborg
HOCITY@MAIL.DK
tel: 98133330

Company information

Official name
ØRSNES URE ApS
Personnel
9 persons
Established
1994
Company form
Private limited company
Industry

About ØRSNES URE ApS

ØRSNES URE ApS (CVR number: 17855743) is a company from AALBORG. The company recorded a gross profit of 4634 kDKK in 2023. The operating profit was 1201.1 kDKK, while net earnings were 927.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. ØRSNES URE ApS's liquidity measured by quick ratio was 1.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 988.425 197.574 445.343 759.954 634.02
EBIT1 740.942 306.681 525.701 075.701 201.07
Net earnings1 379.721 817.361 176.09818.99927.55
Shareholders equity total7 356.127 173.486 349.567 168.558 096.10
Balance sheet total (assets)10 006.1610 207.959 157.5610 104.0510 310.21
Net debt-1 714.53-2 256.22- 882.88- 335.73-1 409.54
Profitability
EBIT-%
ROA17.6 %23.2 %15.8 %11.3 %11.9 %
ROE18.0 %25.0 %17.4 %12.1 %12.2 %
ROI23.0 %31.9 %21.9 %14.7 %14.7 %
Economic value added (EVA)1 023.671 522.58945.04586.33636.18
Solvency
Equity ratio73.5 %70.3 %69.3 %70.9 %78.5 %
Gearing1.9 %0.3 %6.6 %11.8 %4.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.30.60.71.1
Current ratio3.63.33.13.34.5
Cash and cash equivalents1 851.002 277.021 302.431 180.211 776.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.5%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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