OLFRAS HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLFRAS HOLDING ApS
OLFRAS HOLDING ApS (CVR number: 25896343) is a company from KØBENHAVN. The company recorded a gross profit of -22.5 kDKK in 2023. The operating profit was -22.5 kDKK, while net earnings were -2092.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -67 %, which can be considered poor and Return on Equity (ROE) was -88.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. OLFRAS HOLDING ApS's liquidity measured by quick ratio was 1.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 905.85 | 1 192.15 | 1 791.26 | ||
Gross profit | - 917.02 | 1 180.99 | 1 773.78 | -15.16 | -22.50 |
EBIT | - 917.02 | 1 180.99 | 1 773.78 | -15.16 | -22.50 |
Net earnings | - 917.06 | 1 117.32 | 1 805.87 | 676.74 | -2 092.91 |
Shareholders equity total | 949.55 | 2 066.87 | 3 472.74 | 3 649.48 | 1 056.58 |
Balance sheet total (assets) | 1 849.49 | 3 214.89 | 4 791.86 | 4 484.22 | 1 710.35 |
Net debt | 608.68 | 965.46 | 942.68 | 465.62 | 526.76 |
Profitability | |||||
EBIT-% | 99.1 % | 99.0 % | |||
ROA | -34.8 % | 46.6 % | 45.7 % | 16.4 % | -67.0 % |
ROE | -55.3 % | 74.1 % | 65.2 % | 19.0 % | -88.9 % |
ROI | -38.4 % | 50.7 % | 48.7 % | 17.4 % | -70.5 % |
Economic value added (EVA) | - 823.90 | 1 238.51 | 1 867.88 | 150.42 | 106.94 |
Solvency | |||||
Equity ratio | 51.3 % | 64.3 % | 72.5 % | 81.4 % | 61.8 % |
Gearing | 64.4 % | 50.0 % | 27.2 % | 17.3 % | 51.5 % |
Relative net indebtedness % | -99.0 % | 90.6 % | 73.5 % | ||
Liquidity | |||||
Quick ratio | 0.3 | 0.7 | 0.9 | 1.5 | 1.6 |
Current ratio | 0.3 | 0.7 | 0.9 | 1.5 | 1.6 |
Cash and cash equivalents | 3.21 | 67.57 | 2.04 | 166.57 | 17.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 71.8 % | -29.0 % | -10.6 % | ||
Credit risk | |||||
Credit rating | BB | BBB | A | A | BB |
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