ØRNEVEJ 59 ApS — Credit Rating and Financial Key Figures

CVR number: 27591760
Amager Landevej 185, 2770 Kastrup

Credit rating

Company information

Official name
ØRNEVEJ 59 ApS
Established
2004
Company form
Private limited company
Industry

About ØRNEVEJ 59 ApS

ØRNEVEJ 59 ApS (CVR number: 27591760) is a company from TÅRNBY. The company recorded a gross profit of 422.3 kDKK in 2023. The operating profit was 243.5 kDKK, while net earnings were 63.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ØRNEVEJ 59 ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit547.80577.37533.25466.21422.26
EBIT371.18400.34355.64288.60243.47
Net earnings77.63282.65151.43125.7463.75
Shareholders equity total4 085.814 368.464 519.894 645.624 709.37
Balance sheet total (assets)11 826.6011 873.0211 615.8711 498.6411 394.15
Net debt6 971.095 469.665 182.744 876.434 695.94
Profitability
EBIT-%
ROA3.2 %3.6 %3.2 %2.7 %2.4 %
ROE1.9 %6.7 %3.4 %2.7 %1.4 %
ROI3.3 %3.8 %3.7 %3.1 %2.7 %
Economic value added (EVA)- 135.22107.57- 114.03-73.95- 206.76
Solvency
Equity ratio34.5 %36.8 %38.9 %40.4 %41.3 %
Gearing170.6 %125.2 %114.7 %105.0 %99.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.11.11.1
Current ratio1.01.11.11.11.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.38%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.3%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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