ØSTERGADE 18, HERNING ApS — Credit Rating and Financial Key Figures

CVR number: 32938035
Østergade 18, 7400 Herning
tel: 97123243
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Credit rating

Company information

Official name
ØSTERGADE 18, HERNING ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About ØSTERGADE 18, HERNING ApS

ØSTERGADE 18, HERNING ApS (CVR number: 32938035) is a company from HERNING. The company recorded a gross profit of 204.9 kDKK in 2024. The operating profit was -4.1 kDKK, while net earnings were -72.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ØSTERGADE 18, HERNING ApS's liquidity measured by quick ratio was 1.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit265.20271.88264.37320.76204.93
EBIT236.80243.48235.97292.37-4.09
Net earnings161.11163.62157.91159.91-72.35
Shareholders equity total4 192.644 356.254 514.164 674.074 601.72
Balance sheet total (assets)7 323.427 440.827 556.477 331.647 179.67
Net debt1 730.241 519.931 321.231 115.621 209.78
Profitability
EBIT-%
ROA3.3 %3.3 %3.1 %3.9 %-0.1 %
ROE3.9 %3.8 %3.6 %3.5 %-1.6 %
ROI3.3 %3.4 %3.2 %4.0 %-0.1 %
Economic value added (EVA)- 104.37-91.49-90.44-41.04- 286.76
Solvency
Equity ratio57.5 %58.8 %60.0 %64.0 %64.4 %
Gearing50.2 %47.6 %44.7 %34.6 %33.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.32.21.6
Current ratio0.91.11.22.01.4
Cash and cash equivalents375.89554.41698.45500.87328.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-0.06%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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