KARL OLSENS VEJ 5 ApS — Credit Rating and Financial Key Figures

CVR number: 10041554
Kildegårdsvej 11, Horneby 3100 Hornbæk

Credit rating

Company information

Official name
KARL OLSENS VEJ 5 ApS
Established
2000
Domicile
Horneby
Company form
Private limited company
Industry

About KARL OLSENS VEJ 5 ApS

KARL OLSENS VEJ 5 ApS (CVR number: 10041554) is a company from HELSINGØR. The company recorded a gross profit of 56.2 kDKK in 2024. The operating profit was 17.1 kDKK, while net earnings were -4.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. KARL OLSENS VEJ 5 ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit65.1953.767.4930.7856.24
EBIT8.69-2.74-49.00-8.3217.14
Net earnings-4.76-11.87-45.42-12.88-4.63
Shareholders equity total561.59549.72504.30491.42486.79
Balance sheet total (assets)2 333.832 365.072 228.622 393.652 417.46
Net debt986.36550.31527.04449.54317.95
Profitability
EBIT-%
ROA0.4 %-0.1 %-2.1 %-0.4 %0.7 %
ROE-0.8 %-2.1 %-8.6 %-2.6 %-0.9 %
ROI0.5 %-0.2 %-3.9 %-0.7 %1.7 %
Economic value added (EVA)-60.82-66.45-93.50-58.31-33.09
Solvency
Equity ratio24.2 %23.2 %22.6 %20.5 %20.1 %
Gearing182.3 %124.0 %120.4 %108.4 %95.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.10.10.1
Current ratio0.10.20.10.10.1
Cash and cash equivalents37.33131.4380.1283.25147.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:0.74%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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