K/S Østergade, Hadsten

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CVR 26760097Østergade 15, 9760 VråRental and operating of own or leased real estate· NACE 6820Est. 2002 · 24 years old— employees

Overview

K/S Østergade, Hadsten is a Danish K/S based in Vrå, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2002, the company reported revenue of DKK 1.8m in its latest annual filing.

Revenue 2016

1.8M DKK

+8% vs 2015

EBITDA margin

67.0 %

+43% vs 2015

Net profit 2016

-0.8M DKK

-233% vs 2015

Key ratios

See full ratios →

12.3 %

Weak

Among the 30% lowest rated companies in the industry

20122016

0.0×

Very weak

Among the 20% lowest rated companies in the industry

20122016

-3.7 %

Very weak

Among the 20% lowest rated companies in the industry

20122016

EBITDA — year on year

DKK thousands

Key figures

Annual report 2016

Revenue	1.8M DKK	+8%
EBITDA	1.2M DKK	+43%
Net profit	-0.8M DKK	-233%
Total assets	20.9M DKK	-16%
Equity	2.6M DKK	-18%
Employees	—	—

Contact

Address

Østergade 15, 9760 Vrå

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Financial development

In its most recent annual report (2016), K/S Østergade, Hadsten reported revenue of DKK 1.8m, an increase of 8% on the year before. The figures on this page draw on 5 annual filings covering 2012 to 2016. The bottom line showed a net loss of DKK 769.1k, and the EBITDA margin stood at 67%.

At the end of 2016, equity financed 12.3% of the balance sheet, and current assets covered short-term debt 0 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2016	2015	2014	2013	2012
Revenue	1,829	1,691	1,621	1,522	1,796
Staff expenses	-0	-0	-0	-0	-0
EBITDA	1,226	857	856	186	1,446
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	1,226	857	856	186	1,446
Net financials	-571	-965	-895	-1,002	-1,115
Profit before tax	-769	580	-831	-816	331
Tax	-0	-0	-0	-0	-0
Net profit	-769	580	-831	-816	331

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Balance sheet

DKK thousands

Item	2016	2015	2014	2013	2012
Total assets	20,876	24,737	21,954	22,798	23,555
Equity	2,561	3,130	2,230	3,062	3,877
Long-term debt	10,899	14,438	12,599	13,122	13,753
Short-term debt	7,416	7,168	7,125	6,614	5,925
Total debt	18,315	21,607	19,724	19,736	19,678

Financial ratios

5-year trend

EBITDA margin

67.0 %

20122016

Equity ratio

12.3 %

Weak

Among the 30% lowest rated companies in the industry

20122016

Return on equity

-30.0 %

Very weak

Among the 10% lowest rated companies in the industry

20122016

Net profit margin

-42.0 %

Very weak

Among the 10% lowest rated companies in the industry

20122016

Asset turnover

0.09×

Strong

Among the 30% highest rated companies in the industry

20122016

Debt / equity

7.15×

Very weak

Among the 20% lowest rated companies in the industry

20122016

Sector performance

27 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginAverage

Around the average of companies in the same industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginStrong

Among the 40% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginVery weak

Among the 10% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very weak

Among the 10% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very weak

Among the 10% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 30% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 20% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 10% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 30% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery weak

Among the 20% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery weak

Among the 10% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 20% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 20% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery weak

Among the 20% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 20% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverStrong

Among the 30% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalWeak

Among the 30% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2016
Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Flemming Anker Christensen	Individual	10–14.99%	10–14.99%	2005
Jan Baltsen Ikast	Individual	10–14.99%	10–14.99%	2005
Niels Lyhne	Individual	10–14.99%	10–14.99%	2005
Inge Moritz Nørland	Individual	10–14.99%	10–14.99%	2005
Jan Hartvigsen	Individual	10–14.99%	10–14.99%	2005
Claus Ulrich Aage Jørgensen	Individual	25–33.32%	25–33.32%	2005
Michael Visby Berthelsen	Individual	10–14.99%	10–14.99%	2005

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the CVR number of K/S Østergade, Hadsten?

K/S Østergade, Hadsten is registered with CVR / Virk under CVR 26760097.

What is the revenue of K/S Østergade, Hadsten?

K/S Østergade, Hadsten reported revenue of DKK 1.8m in 2016.

Where is K/S Østergade, Hadsten headquartered?

K/S Østergade, Hadsten's registered address is Østergade 15.