ØRNSTRUP METALVARER ApS — Credit Rating and Financial Key Figures

CVR number: 27919286
Ørnstrupvej 61, 8781 Stenderup

Credit rating

Company information

Official name
ØRNSTRUP METALVARER ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About ØRNSTRUP METALVARER ApS

ØRNSTRUP METALVARER ApS (CVR number: 27919286) is a company from HORSENS. The company recorded a gross profit of 1162.5 kDKK in 2023. The operating profit was 508.9 kDKK, while net earnings were 404.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ØRNSTRUP METALVARER ApS's liquidity measured by quick ratio was 9.2 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 profit1 009.271 090.151 201.301 087.241 162.55
EBIT374.82536.41550.13457.61508.89
Net earnings291.81416.32427.31354.08404.34
Shareholders equity total1 570.071 875.792 190.102 429.782 716.32
Balance sheet total (assets)1 949.972 240.982 479.602 660.753 001.78
Net debt-1 298.66-1 445.75- 716.64-1 868.14-2 358.81
Profitability
EBIT-%
ROA21.0 %25.6 %23.3 %17.8 %18.4 %
ROE19.7 %24.2 %21.0 %15.3 %15.7 %
ROI25.4 %30.9 %26.9 %19.8 %20.3 %
Economic value added (EVA)282.15404.31407.10280.44365.79
Solvency
Equity ratio80.5 %83.7 %88.3 %91.3 %90.5 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.45.16.08.79.2
Current ratio5.16.78.611.510.5
Cash and cash equivalents1 298.671 445.76716.641 868.142 358.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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