MOGENS OLESEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MOGENS OLESEN ApS
MOGENS OLESEN ApS (CVR number: 16504343) is a company from AALBORG. The company recorded a gross profit of -16.7 kDKK in 2024. The operating profit was -20.9 kDKK, while net earnings were -303.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.2 %, 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. MOGENS OLESEN ApS's liquidity measured by quick ratio was 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2.00 | -3.00 | -16.00 | -6.00 | -16.67 |
EBIT | -2.00 | -7.00 | -20.00 | -10.00 | -20.90 |
Net earnings | - 279.00 | 173.00 | 624.00 | 497.00 | - 303.80 |
Shareholders equity total | 5 473.00 | 5 533.00 | 6 043.00 | 6 422.00 | 5 996.38 |
Balance sheet total (assets) | 6 630.00 | 6 695.00 | 7 505.00 | 8 055.00 | 7 871.98 |
Net debt | 245.00 | 281.00 | 264.00 | 227.00 | 219.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.4 % | 5.8 % | 8.4 % | 7.9 % | -2.4 % |
ROE | -4.9 % | 3.1 % | 10.8 % | 8.0 % | -4.9 % |
ROI | -2.5 % | 3.1 % | 9.8 % | 9.5 % | -3.0 % |
Economic value added (EVA) | - 343.20 | - 297.13 | - 306.55 | - 324.79 | - 351.04 |
Solvency | |||||
Equity ratio | 82.5 % | 82.6 % | 80.5 % | 79.7 % | 76.2 % |
Gearing | 5.6 % | 5.2 % | 4.4 % | 3.8 % | 3.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.9 | 5.6 | 5.3 | 4.6 | 3.1 |
Current ratio | 5.9 | 5.6 | 5.3 | 4.6 | 3.1 |
Cash and cash equivalents | 62.00 | 4.00 | 4.00 | 18.00 | 7.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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