Ørneborg Sortering ApS

CVR number: 37918431
Ørneborgvej 21, 8960 Randers SØ

Credit rating

Company information

Official name
Ørneborg Sortering ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About Ørneborg Sortering ApS

Ørneborg Sortering ApS (CVR number: 37918431) is a company from RANDERS. The company recorded a gross profit of -825.2 kDKK in 2018. The operating profit was -1143.8 kDKK, while net earnings were -922.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.5 %, which can be considered poor and Return on Equity (ROE) was -128.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ørneborg Sortering ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20172018
Volume
Net sales
Gross profit- 781.59- 825.15
EBIT- 786.46-1 143.82
Net earnings- 639.06- 922.78
Shareholders equity total- 589.0688.16
Balance sheet total (assets)1 350.302 874.41
Net debt592.672 356.23
Profitability
EBIT-%
ROA-39.6 %-47.5 %
ROE-47.3 %-128.3 %
ROI-129.7 %-75.3 %
Economic value added (EVA)- 614.62- 866.92
Solvency
Equity ratio-30.4 %3.1 %
Gearing-100.6 %2672.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.0
Current ratio0.51.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCB

Variable visualization

ROA:-47.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.07%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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