OLE LARSEN AGENTUR ApS — Credit Rating and Financial Key Figures

CVR number: 15208880
Vangelystvej 54, Sanderum 5250 Odense SV
tel: 40347062

Company information

Official name
OLE LARSEN AGENTUR ApS
Established
1991
Domicile
Sanderum
Company form
Private limited company
Industry

About OLE LARSEN AGENTUR ApS

OLE LARSEN AGENTUR ApS (CVR number: 15208880) is a company from ODENSE. The company recorded a gross profit of 150.8 kDKK in 2021. The operating profit was 32.1 kDKK, while net earnings were 23.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.3 %, which can be considered excellent and Return on Equity (ROE) was 55.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.7 %, 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. OLE LARSEN AGENTUR ApS'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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit128.00107.00153.00213.00150.82
EBIT53.0016.0097.00135.0032.11
Net earnings31.002.0069.00103.0023.57
Shareholders equity total- 176.00- 175.00- 106.00-3.0021.11
Balance sheet total (assets)34.0041.0030.0064.0068.72
Net debt188.00187.0086.00-3.00-15.05
Profitability
EBIT-%
ROA23.3 %7.5 %55.1 %133.0 %47.3 %
ROE86.1 %5.3 %194.4 %219.1 %55.4 %
ROI25.8 %8.2 %67.1 %230.8 %91.8 %
Economic value added (EVA)62.1025.2083.51110.3326.01
Solvency
Equity ratio-83.8 %-81.0 %-77.9 %-4.5 %30.7 %
Gearing-110.8 %-110.9 %-89.6 %-733.3 %127.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.21.01.4
Current ratio0.20.20.21.01.4
Cash and cash equivalents7.007.009.0025.0041.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:47.3%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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