FONDEN ØSTERGÅRDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN ØSTERGÅRDEN
FONDEN ØSTERGÅRDEN (CVR number: 53374018) is a company from KØBENHAVN. The company reported a net sales of 15.1 mDKK in 2023, demonstrating a growth of 5.4 % compared to the previous year. The operating profit percentage was at 26.4 % (EBIT: 4 mDKK), while net earnings were 1739.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 45.1 %, 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. FONDEN ØSTERGÅRDEN's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 13 841.74 | 13 904.20 | 14 230.73 | 14 304.46 | 15 072.91 |
Gross profit | 5 254.66 | 4 591.35 | -15 221.84 | 5 756.00 | 6 944.12 |
EBIT | 2 251.72 | 1 368.50 | -17 935.28 | 2 868.11 | 3 981.74 |
Net earnings | - 909.56 | - 749.98 | -15 814.92 | 448.18 | 1 739.93 |
Shareholders equity total | 192 609.40 | 132 474.60 | 133 590.08 | 146 326.36 | 136 090.74 |
Balance sheet total (assets) | 394 883.71 | 315 727.22 | 311 310.84 | 317 164.90 | 302 650.82 |
Net debt | 56 039.15 | 58 997.03 | 87 510.39 | 85 995.57 | 82 443.17 |
Profitability | |||||
EBIT-% | 16.3 % | 9.8 % | -126.0 % | 20.1 % | 26.4 % |
ROA | 0.6 % | 0.4 % | -5.7 % | 0.9 % | 1.5 % |
ROE | -0.5 % | -0.5 % | -11.9 % | 0.3 % | 1.2 % |
ROI | 0.7 % | 0.5 % | -6.1 % | 1.0 % | 1.5 % |
Economic value added (EVA) | -12 888.09 | -17 392.63 | -28 442.66 | -12 166.64 | -11 965.19 |
Solvency | |||||
Equity ratio | 48.9 % | 42.1 % | 43.0 % | 46.3 % | 45.1 % |
Gearing | 61.6 % | 87.5 % | 84.8 % | 75.6 % | 79.4 % |
Relative net indebtedness % | 603.7 % | 626.4 % | 789.9 % | 721.8 % | 669.9 % |
Liquidity | |||||
Quick ratio | 2.7 | 2.4 | 1.3 | 1.9 | 1.9 |
Current ratio | 2.6 | 2.3 | 1.2 | 1.8 | 1.8 |
Cash and cash equivalents | 62 569.61 | 56 967.89 | 25 810.19 | 24 667.44 | 25 554.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.2 | 2.1 | 0.2 | 0.9 | 0.1 |
Net working capital % | 241.3 % | 233.9 % | 33.8 % | 79.0 % | 74.1 % |
Credit risk | |||||
Credit rating | AA | AA | A | AAA | AAA |
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