ØSTENS KONGE ApS — Credit Rating and Financial Key Figures

CVR number: 33647646
Slotsgade 59 C, 3400 Hillerød
royalstyle3400@hotmail.com
tel: 71991998
https://www.royal-style.dk/

Credit rating

Company information

Official name
ØSTENS KONGE ApS
Personnel
22 persons
Established
2011
Company form
Private limited company
Industry

About ØSTENS KONGE ApS

ØSTENS KONGE ApS (CVR number: 33647646) is a company from HILLERØD. The company recorded a gross profit of 4260.1 kDKK in 2023. The operating profit was 8.8 kDKK, while net earnings were 2.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.6 %, 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. ØSTENS KONGE ApS's liquidity measured by quick ratio was 0.3 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.

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 profit1 837.352 783.233 600.223 534.074 260.12
EBIT268.09480.63972.5187.398.81
Net earnings263.44477.79961.2465.252.13
Shareholders equity total- 722.42- 244.63716.61781.86783.99
Balance sheet total (assets)933.041 596.162 197.641 806.781 411.24
Net debt1 081.741 225.40690.28285.14-50.30
Profitability
EBIT-%
ROA16.0 %27.5 %50.5 %4.4 %0.5 %
ROE32.0 %37.8 %83.1 %8.7 %0.3 %
ROI18.5 %34.1 %63.3 %5.8 %0.8 %
Economic value added (EVA)317.71532.54994.9569.69-22.46
Solvency
Equity ratio-43.6 %-13.3 %32.6 %43.3 %55.6 %
Gearing-192.7 %-583.4 %150.2 %56.9 %10.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.61.21.00.3
Current ratio0.20.61.21.01.2
Cash and cash equivalents310.71201.83386.38159.63129.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.55%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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