Østergård Sorring A/S — Credit Rating and Financial Key Figures

CVR number: 30986970
Terpvej 35, 8641 Sorring

Credit rating

Company information

Official name
Østergård Sorring A/S
Established
2007
Company form
Limited company
Industry

About Østergård Sorring A/S

Østergård Sorring A/S (CVR number: 30986970) is a company from SILKEBORG. The company recorded a gross profit of 1302.7 kDKK in 2023. The operating profit was 837.5 kDKK, while net earnings were 826.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Østergård Sorring A/S's liquidity measured by quick ratio was 36.2 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 profit1 229.21789.51935.582 373.081 302.72
EBIT769.53271.98607.752 047.92837.49
Net earnings1 174.93496.13654.501 669.81826.65
Shareholders equity total10 329.8010 825.9211 480.4313 150.2413 976.89
Balance sheet total (assets)10 718.8610 960.4111 940.9113 332.8914 355.03
Net debt-7 473.09-7 532.07- 937.05-1 145.53-1 962.59
Profitability
EBIT-%
ROA7.8 %4.0 %5.7 %17.0 %7.7 %
ROE12.1 %4.7 %5.9 %13.6 %6.1 %
ROI8.0 %4.0 %5.9 %17.3 %7.8 %
Economic value added (EVA)430.26214.43449.671 070.6352.59
Solvency
Equity ratio96.4 %98.8 %96.1 %98.6 %97.4 %
Gearing1.0 %0.4 %0.5 %0.4 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio25.476.224.266.636.2
Current ratio25.476.224.266.636.2
Cash and cash equivalents7 572.537 572.45997.831 196.862 068.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:7.66%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.4%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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