ÆRØ OLIE

CVR number: 12959613
Ærøskøbing Havn 21, 5970 Ærøskøbing
tel: 62521185

Credit rating

Company information

Official name
ÆRØ OLIE
Personnel
1 person
Established
1951
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About the company

ÆRØ OLIE (CVR number: 12959613) is a company from ÆRØ. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -65.9 % compared to the previous year. The operating profit percentage was poor at -24.8 % (EBIT: -0.1 mDKK), while net earnings were 17.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ÆRØ OLIE's liquidity measured by quick ratio was 43.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales765.75734.57850.601 026.40349.85
Gross profit466.26446.20454.95688.11106.05
EBIT-37.45-51.212.18253.93-86.80
Net earnings116.2693.16151.83370.1117.80
Shareholders equity total1 036.531 124.241 260.251 669.301 585.88
Balance sheet total (assets)2 445.732 047.552 610.722 248.221 620.71
Net debt-1 057.75-1 115.75-1 084.51-1 856.45-1 374.59
Profitability
EBIT-%-4.9 %-7.0 %0.3 %24.7 %-24.8 %
ROA6.0 %7.3 %8.6 %19.7 %1.4 %
ROE11.8 %8.6 %12.7 %25.3 %1.1 %
ROI14.6 %15.1 %16.9 %32.7 %1.7 %
Economic value added (EVA)-14.24-22.247.78195.38-52.58
Solvency
Equity ratio42.4 %54.9 %48.3 %74.2 %97.9 %
Gearing
Relative net indebtedness %45.9 %-26.2 %31.3 %-124.5 %-382.9 %
Liquidity
Quick ratio1.62.11.73.643.4
Current ratio1.72.21.83.745.1
Cash and cash equivalents1 057.751 115.751 084.511 856.451 374.59
Capital use efficiency
Trade debtors turnover (days)588.1414.7547.180.6143.0
Net working capital %2.8 %15.0 %10.9 %53.8 %148.5 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:1.44%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-04T14:01:21.465Z

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