I/S Østergade 33 — Credit Rating and Financial Key Figures

I/S Østergade 33 (CVR number: 42559555) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 445.6 kDKK in 2024. The operating profit was 314.6 kDKK, while net earnings were 147 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 41.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. I/S Østergade 33's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.