ØSTJYSK MASKINSKOVNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 078.78 | 836.14 | 1 096.47 | 1 496.98 | 1 326.82 |
EBIT | - 110.20 | - 141.48 | -14.75 | 297.88 | -73.86 |
Net earnings | -99.50 | -95.38 | -84.70 | 198.91 | -83.54 |
Shareholders equity total | 3 468.60 | 4 117.33 | 4 032.63 | 4 231.54 | 3 728.00 |
Balance sheet total (assets) | 6 459.38 | 5 137.88 | 5 267.31 | 4 933.58 | 7 560.23 |
Net debt | 1 826.06 | 65.25 | - 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 | - 207.39 | 59.77 | - 237.17 |
Solvency | |||||
Equity ratio | 53.7 % | 80.1 % | 76.6 % | 85.8 % | 49.3 % |
Gearing | 52.6 % | 6.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 1.7 | 3.8 | 12.7 | 1.2 |
Current ratio | 0.4 | 1.7 | 3.8 | 12.7 | 1.2 |
Cash and cash equivalents | 198.45 | 567.54 | 674.14 | 295.45 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | BBB |
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