ØRNSTRAND HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ØRNSTRAND HOLDING A/S
ØRNSTRAND HOLDING A/S (CVR number: 34625182) is a company from SKANDERBORG. The company recorded a gross profit of 706.7 kDKK in 2024. The operating profit was -917.9 kDKK, while net earnings were 11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ØRNSTRAND HOLDING A/S's liquidity measured by quick ratio was 38.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 818.00 | 292.00 | -5.00 | 858.31 | 706.71 |
EBIT | 1 222.00 | - 286.00 | -24.00 | - 436.29 | - 917.87 |
Net earnings | 10 483.00 | 34 609.00 | 3 534.00 | 4 177.12 | 11 064.68 |
Shareholders equity total | 278 088.00 | 312 584.00 | 312 118.00 | 306 795.46 | 308 360.14 |
Balance sheet total (assets) | 290 451.00 | 318 624.00 | 314 956.00 | 312 468.00 | 311 677.07 |
Net debt | -47 899.00 | -66 615.00 | -70 599.00 | -53 843.73 | -94 152.54 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.8 % | 13.7 % | 4.5 % | 6.7 % | 7.2 % |
ROE | 3.8 % | 11.7 % | 1.1 % | 1.3 % | 3.6 % |
ROI | 5.7 % | 13.6 % | 4.6 % | 6.7 % | 7.2 % |
Economic value added (EVA) | -12 421.39 | -14 786.51 | -15 728.11 | -15 993.69 | -16 265.87 |
Solvency | |||||
Equity ratio | 95.7 % | 98.1 % | 99.1 % | 98.2 % | 98.9 % |
Gearing | 4.0 % | 0.7 % | 1.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 47.5 | 11.8 | 34.0 | 15.1 | 38.1 |
Current ratio | 47.5 | 11.8 | 34.7 | 15.6 | 38.8 |
Cash and cash equivalents | 58 944.00 | 66 615.00 | 70 599.00 | 55 906.97 | 97 299.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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