Østergaard Automobiler ApS — Credit Rating and Financial Key Figures

Østergaard Automobiler ApS (CVR number: 10130115) is a company from BILLUND. The company recorded a gross profit of 15.4 mDKK in 2023. The operating profit was 8712.8 kDKK, while net earnings were 6020.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.6 %, which can be considered excellent and Return on Equity (ROE) was 75 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Østergaard Automobiler ApS's liquidity measured by quick ratio was 0.2 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.