ØSTERGADE 19 A/S — Credit Rating and Financial Key Figures

CVR number: 35645748
Østergade 19, 9800 Hjørring

Company information

Official name
ØSTERGADE 19 A/S
Personnel
64 persons
Established
2014
Company form
Limited company
Industry

About ØSTERGADE 19 A/S

ØSTERGADE 19 A/S (CVR number: 35645748) is a company from HJØRRING. The company recorded a gross profit of 9738.3 kDKK in 2023. The operating profit was 1901.1 kDKK, while net earnings were 1534.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.6 %, which can be considered excellent and Return on Equity (ROE) was 75.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.2 %, 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. ØSTERGADE 19 A/S's liquidity measured by quick ratio was 1.6 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 profit7 945.656 916.668 668.029 197.069 738.29
EBIT1 544.85740.161 323.251 863.701 901.09
Net earnings1 106.69554.051 027.111 507.391 534.80
Shareholders equity total488.161 042.201 529.312 016.712 051.51
Balance sheet total (assets)3 542.505 171.023 974.054 208.684 639.01
Net debt- 191.87- 888.39- 884.02- 502.79-1 153.80
Profitability
EBIT-%
ROA39.8 %17.3 %29.3 %47.4 %44.6 %
ROE53.2 %72.4 %79.9 %85.0 %75.5 %
ROI91.3 %70.9 %89.5 %100.7 %92.6 %
Economic value added (EVA)1 171.73560.891 023.661 419.771 405.63
Solvency
Equity ratio13.8 %20.2 %38.5 %47.9 %44.2 %
Gearing0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.70.91.41.6
Current ratio0.40.81.01.61.7
Cash and cash equivalents191.87888.39884.18502.941 153.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:44.6%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.2%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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