Østergade Grindsted ApS — Credit Rating and Financial Key Figures

CVR number: 39338769
Heimdalsvej 30, 7200 Grindsted

Company information

Official name
Østergade Grindsted ApS
Established
2018
Company form
Private limited company
Industry

About Østergade Grindsted ApS

Østergade Grindsted ApS (CVR number: 39338769) is a company from BILLUND. The company recorded a gross profit of -9.5 kDKK in 2024. The operating profit was -9.5 kDKK, while net earnings were -8.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Østergade Grindsted 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit21.3511.8825.99-4.17-9.50
EBIT21.3511.8825.99-4.17-9.50
Net earnings-67.43-80.31-79.23- 175.93-8.37
Shareholders equity total- 171.79- 252.11- 331.333 813.323 804.94
Balance sheet total (assets)3 549.093 822.383 786.433 864.793 841.65
Net debt3 678.584 015.324 061.53-5.60-29.83
Profitability
EBIT-%
ROA0.6 %0.3 %0.6 %-0.1 %-0.2 %
ROE-1.9 %-2.2 %-2.1 %-4.6 %-0.2 %
ROI0.6 %0.3 %0.6 %-0.1 %-0.2 %
Economic value added (EVA)- 158.99- 166.95- 168.84- 190.69- 199.11
Solvency
Equity ratio-4.6 %-6.2 %-8.0 %98.7 %99.0 %
Gearing-2141.3 %-1592.7 %-1225.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.01.51.4
Current ratio1.01.51.5104.2172.2
Cash and cash equivalents5.6029.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-0.25%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 85/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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