Østship Aps — Credit Rating and Financial Key Figures

CVR number: 37067997
Neptunvej 1, 8500 Grenaa
agent@oestship.dk
tel: 86320244
www.oestship.dk
Free credit report Annual report

Credit rating

Company information

Official name
Østship Aps
Personnel
35 persons
Established
2015
Company form
Private limited company
Industry

About Østship Aps

Østship Aps (CVR number: 37067997) is a company from NORDDJURS. The company recorded a gross profit of 9313.9 kDKK in 2024. The operating profit was 1655.9 kDKK, while net earnings were 1273.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 56.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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. Østship Aps's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit5 095.306 190.016 081.707 710.969 313.89
EBIT1 385.762 192.431 906.981 759.341 655.94
Net earnings1 062.831 701.181 473.461 286.721 273.40
Shareholders equity total1 243.091 944.271 817.732 104.462 377.86
Balance sheet total (assets)4 873.935 536.745 709.795 612.236 547.35
Net debt621.62-1 385.41- 714.17511.26- 221.99
Profitability
EBIT-%
ROA29.3 %42.5 %34.0 %31.3 %27.2 %
ROE110.5 %106.7 %78.3 %65.6 %56.8 %
ROI78.9 %101.9 %88.8 %85.4 %64.8 %
Economic value added (EVA)995.951 614.161 384.301 269.921 140.53
Solvency
Equity ratio25.7 %35.7 %31.9 %37.6 %36.7 %
Gearing50.9 %2.4 %1.2 %29.4 %18.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.71.41.01.1
Current ratio1.31.71.51.01.2
Cash and cash equivalents11.531 432.91735.34107.56650.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:27.2%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.7%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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