Østgaard Invest ApS — Credit Rating and Financial Key Figures

CVR number: 40388796
Høngårds Ager 69, 9800 Hjørring

Company information

Official name
Østgaard Invest ApS
Established
2019
Company form
Private limited company
Industry

About Østgaard Invest ApS

Østgaard Invest ApS (CVR number: 40388796) is a company from HJØRRING. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -37.1 % compared to the previous year. The operating profit percentage was at 95.9 % (EBIT: 0.2 mDKK), while net earnings were 456.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.4 %, which can be considered excellent and Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Østgaard Invest ApS's liquidity measured by quick ratio was 122.3 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 sales502.35150.70440.23285.26179.42
Gross profit493.68142.17431.57277.17172.06
EBIT493.68142.17431.57277.17172.06
Net earnings493.91380.61556.19- 439.63456.71
Shareholders equity total1 382.831 652.852 096.041 501.401 840.31
Balance sheet total (assets)1 542.072 092.092 641.791 625.681 851.09
Net debt156.24-1 157.83-1 254.69- 731.61- 942.75
Profitability
EBIT-%98.3 %94.3 %98.0 %97.2 %95.9 %
ROA32.0 %24.5 %25.1 %13.6 %23.4 %
ROE35.7 %25.1 %29.7 %-24.4 %27.3 %
ROI32.1 %25.0 %26.1 %14.3 %24.3 %
Economic value added (EVA)494.48124.55425.79255.11168.45
Solvency
Equity ratio89.7 %79.0 %79.3 %92.4 %99.4 %
Gearing11.3 %22.7 %20.8 %
Relative net indebtedness %31.7 %-725.5 %-260.1 %-212.9 %-519.4 %
Liquidity
Quick ratio0.93.73.49.6122.3
Current ratio0.93.73.49.6122.3
Cash and cash equivalents1 532.521 690.86731.61942.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1.7 %-224.8 %-82.5 %121.8 %208.9 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:23.4%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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