ØSTJYSK MASKINSKOVNING A/S — Credit Rating and Financial Key Figures

CVR number: 28515375
Vesterhøjsvej 52, 8700 Horsens
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Credit rating

Company information

Official name
ØSTJYSK MASKINSKOVNING A/S
Personnel
2 persons
Established
2005
Company form
Limited company
Industry

About ØSTJYSK MASKINSKOVNING A/S

ØSTJYSK MASKINSKOVNING A/S (CVR number: 28515375) is a company from HORSENS. The company recorded a gross profit of 1326.8 kDKK in 2023. The operating profit was -73.9 kDKK, while net earnings were -83.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.3 %, 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. ØSTJYSK MASKINSKOVNING A/S's liquidity measured by quick ratio was 1.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 078.78836.141 096.471 496.981 326.82
EBIT- 110.20- 141.48-14.75297.88-73.86
Net earnings-99.50-95.38-84.70198.91-83.54
Shareholders equity total3 468.604 117.334 032.634 231.543 728.00
Balance sheet total (assets)6 459.385 137.885 267.314 933.587 560.23
Net debt1 826.0665.25- 567.54- 674.14- 295.45
Profitability
EBIT-%
ROA-1.5 %-1.6 %0.2 %6.2 %-1.2 %
ROE-2.8 %-2.5 %-2.1 %4.8 %-2.1 %
ROI-1.6 %-1.6 %0.2 %6.5 %-1.6 %
Economic value added (EVA)- 253.19- 281.23- 207.3959.77- 237.17
Solvency
Equity ratio53.7 %80.1 %76.6 %85.8 %49.3 %
Gearing52.6 %6.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.73.812.71.2
Current ratio0.41.73.812.71.2
Cash and cash equivalents198.45567.54674.14295.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:-1.15%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.3%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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