ØSTER HASSING SMEDE OG VVS A/S — Credit Rating and Financial Key Figures

CVR number: 26989450
Aalborgvej 374, 9362 Gandrup
Free credit report Annual report

Credit rating

Company information

Official name
ØSTER HASSING SMEDE OG VVS A/S
Personnel
22 persons
Established
2004
Company form
Limited company
Industry

About ØSTER HASSING SMEDE OG VVS A/S

ØSTER HASSING SMEDE OG VVS A/S (CVR number: 26989450) is a company from AALBORG. The company recorded a gross profit of 11 mDKK in 2024. The operating profit was 1503.6 kDKK, while net earnings were 902.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 23.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.4 %, 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. ØSTER HASSING SMEDE OG VVS A/S's liquidity measured by quick ratio was 1.2 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 profit8 227.279 303.579 360.1210 459.9310 996.10
EBIT764.041 108.181 124.501 279.631 503.61
Net earnings456.48723.60757.69825.21902.36
Shareholders equity total2 481.223 204.823 962.513 787.723 890.09
Balance sheet total (assets)10 578.3910 129.2111 559.3111 269.9512 781.59
Net debt4 144.163 790.023 000.713 828.534 459.45
Profitability
EBIT-%
ROA8.1 %10.8 %10.5 %11.4 %12.8 %
ROE20.3 %25.5 %21.1 %21.3 %23.5 %
ROI11.9 %16.2 %15.1 %16.6 %18.4 %
Economic value added (EVA)279.47524.67512.76592.85783.55
Solvency
Equity ratio23.5 %31.6 %34.3 %33.6 %30.4 %
Gearing167.1 %121.5 %100.0 %101.5 %127.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.21.21.2
Current ratio1.31.51.51.51.4
Cash and cash equivalents2.65102.70961.5715.23485.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.4%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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