Østerballe Holding IVS — Credit Rating and Financial Key Figures

Østerballe Holding IVS (CVR number: 37629197) is a company from RANDERS. The company recorded a gross profit of -5 kDKK in 2018. The operating profit was -5 kDKK, while net earnings were -9.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Østerballe Holding IVS's liquidity measured by quick ratio was 20 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.