ØSTRE FÆRGE A/S — Credit Rating and Financial Key Figures

CVR number: 63509019
Østre Færgevej 70, Gamløse 4305 Orø
bogholderi@oestrefaerge.dk
tel: 40424242

Credit rating

Company information

Official name
ØSTRE FÆRGE A/S
Personnel
24 persons
Established
1962
Domicile
Gamløse
Company form
Limited company
Industry
  • Expand more icon50Water transport

About ØSTRE FÆRGE A/S

ØSTRE FÆRGE A/S (CVR number: 63509019) is a company from HOLBÆK. The company recorded a gross profit of 18.8 mDKK in 2023. The operating profit was 10.5 mDKK, while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 47.1 %, which can be considered excellent and Return on Equity (ROE) was 73.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ØSTRE FÆRGE A/S's liquidity measured by quick ratio was 8.5 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
20192020202120222023
Volume
Net sales
Gross profit11 514.7114 338.5917 553.2915 944.8318 789.17
EBIT4 536.767 171.0810 003.448 530.2710 476.68
Net earnings3 539.855 645.539 987.858 400.9810 184.54
Shareholders equity total5 847.867 993.3912 381.2410 782.2216 966.75
Balance sheet total (assets)11 934.2715 367.5317 391.7918 000.0427 288.99
Net debt-3 073.21-7 608.63-6 138.24- 207.552 019.79
Profitability
EBIT-%
ROA39.0 %53.6 %61.6 %48.2 %47.1 %
ROE61.3 %81.6 %98.0 %72.5 %73.4 %
ROI66.1 %85.4 %85.4 %54.0 %43.6 %
Economic value added (EVA)3 487.735 488.489 953.418 216.5610 088.38
Solvency
Equity ratio49.7 %53.2 %71.8 %77.7 %85.7 %
Gearing17.5 %13.8 %4.0 %26.4 %37.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.32.63.68.5
Current ratio1.82.24.47.212.9
Cash and cash equivalents4 096.808 711.526 638.243 054.694 342.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:47.1%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.7%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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