EL-FIRMAET OLESEN & JENSEN A/S

EL-FIRMAET OLESEN & JENSEN A/S (CVR number: 56307028) is a company from ESBJERG. The company reported a net sales of 108.7 mDKK in 2023, demonstrating a growth of 22.7 % compared to the previous year. The operating profit percentage was at 5.5 % (EBIT: 5.9 mDKK), while net earnings were 4461.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 28.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EL-FIRMAET OLESEN & JENSEN A/S's liquidity measured by quick ratio was 1.4 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.