OLYMPIC KOMPLEMENTARSELSKAB A/S — Credit Rating and Financial Key Figures

CVR number: 58867810
Tværvej 2, 6640 Lunderskov
kb@olympic-as.dk

Company information

Official name
OLYMPIC KOMPLEMENTARSELSKAB A/S
Established
1976
Company form
Limited company
Industry

About OLYMPIC KOMPLEMENTARSELSKAB A/S

OLYMPIC KOMPLEMENTARSELSKAB A/S (CVR number: 58867810) is a company from KOLDING. The company recorded a gross profit of 259.3 kDKK in 2022. The operating profit was 259.3 kDKK, while net earnings were 220.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 64.9 %, which can be considered excellent and Return on Equity (ROE) was 108.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. OLYMPIC KOMPLEMENTARSELSKAB 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit283.03327.31100.68261.43259.31
EBIT201.53211.61-15.02- 325.29259.31
Net earnings-61.84- 415.79-74.41- 465.72220.51
Shareholders equity total1 004.52372.73298.32- 167.4053.11
Balance sheet total (assets)3 965.613 309.843 285.52354.31279.84
Net debt2 757.391 781.142 479.30- 160.51- 179.83
Profitability
EBIT-%
ROA0.6 %-9.5 %-0.3 %-27.8 %64.9 %
ROE-5.4 %-60.4 %-22.2 %-142.7 %108.2 %
ROI0.6 %-11.4 %-0.4 %-31.8 %134.1 %
Economic value added (EVA)104.39123.11-94.07- 301.66237.61
Solvency
Equity ratio25.3 %11.3 %9.1 %-32.1 %19.0 %
Gearing274.5 %477.9 %862.3 %-0.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.11.91.2
Current ratio0.00.00.11.91.2
Cash and cash equivalents93.25161.05179.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:64.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.0%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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