B. ØSTERGAARDS TRICOTAGEVÆVERI A/S — Credit Rating and Financial Key Figures

CVR number: 75948212
Navervej 18, 7430 Ikast
tel: 96612020

Company information

Official name
B. ØSTERGAARDS TRICOTAGEVÆVERI A/S
Personnel
1 person
Established
1984
Company form
Limited company
Industry

About B. ØSTERGAARDS TRICOTAGEVÆVERI A/S

B. ØSTERGAARDS TRICOTAGEVÆVERI A/S (CVR number: 75948212) is a company from IKAST-BRANDE. The company recorded a gross profit of 1039 kDKK in 2023. The operating profit was 884.7 kDKK, while net earnings were 1034.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. B. ØSTERGAARDS TRICOTAGEVÆVERI A/S's liquidity measured by quick ratio was 110.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1 539.64663.49136.31-71.031 039.04
EBIT-1 957.33346.62- 246.18- 437.78884.69
Net earnings-2 085.22358.40- 133.19-69.351 034.86
Shareholders equity total52 186.8652 545.2752 412.0852 342.7353 377.59
Balance sheet total (assets)52 590.7954 222.3052 961.4252 961.3153 789.64
Net debt-2 263.3699.60115.22-26.66-12 328.97
Profitability
EBIT-%
ROA-3.3 %0.7 %-0.4 %-0.1 %2.0 %
ROE-3.9 %0.7 %-0.3 %-0.1 %2.0 %
ROI-3.4 %0.7 %-0.4 %-0.1 %2.0 %
Economic value added (EVA)-4 979.30-2 149.97-2 785.87-3 065.19-1 731.50
Solvency
Equity ratio99.2 %96.9 %99.0 %98.8 %99.2 %
Gearing0.5 %0.5 %0.5 %0.5 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio37.321.663.262.7110.4
Current ratio106.526.980.371.9122.2
Cash and cash equivalents2 503.48153.72125.25279.1612 591.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:1.96%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 88/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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