Østergaard Ejendomsinvest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Østergaard Ejendomsinvest ApS
Østergaard Ejendomsinvest ApS (CVR number: 38296566) is a company from ODENSE. The company recorded a gross profit of -19.1 kDKK in 2023. The operating profit was -103.1 kDKK, while net earnings were -108.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -19.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Østergaard Ejendomsinvest ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.50 | -11.00 | -8.13 | -14.30 | -19.13 |
EBIT | -93.50 | -95.00 | -92.13 | -98.30 | - 103.13 |
Net earnings | -73.89 | -74.20 | -72.13 | -84.41 | - 108.66 |
Shareholders equity total | 831.09 | 756.89 | 684.76 | 600.35 | 491.69 |
Balance sheet total (assets) | 1 318.79 | 1 518.62 | 1 628.43 | 1 625.31 | 1 738.16 |
Net debt | 473.23 | 739.18 | 916.94 | 997.74 | 1 126.29 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.4 % | -6.7 % | -5.9 % | -6.0 % | -6.1 % |
ROE | -8.5 % | -9.3 % | -10.0 % | -13.1 % | -19.9 % |
ROI | -8.5 % | -6.8 % | -5.9 % | -6.1 % | -6.2 % |
Economic value added (EVA) | - 110.65 | - 114.85 | - 108.90 | - 117.07 | - 105.37 |
Solvency | |||||
Equity ratio | 63.0 % | 49.8 % | 42.1 % | 36.9 % | 28.3 % |
Gearing | 57.3 % | 98.0 % | 135.8 % | 168.9 % | 250.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 2.0 | 1.7 | 1.6 | 1.4 |
Current ratio | 2.7 | 2.0 | 1.7 | 1.6 | 1.4 |
Cash and cash equivalents | 3.22 | 2.70 | 13.09 | 16.14 | 106.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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