SØREN OLSEN TEXTIL ApS — Credit Rating and Financial Key Figures

CVR number: 26662532
Troense Strandvej 14, 5700 Svendborg
inger@s-o-textil.dk
tel: 23821746

Credit rating

Company information

Official name
SØREN OLSEN TEXTIL ApS
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SØREN OLSEN TEXTIL ApS

SØREN OLSEN TEXTIL ApS (CVR number: 26662532) is a company from SVENDBORG. The company recorded a gross profit of 2165 kDKK in 2023. The operating profit was 869.4 kDKK, while net earnings were 655 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.7 %, 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. SØREN OLSEN TEXTIL ApS's liquidity measured by quick ratio was 1.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 337.101 260.872 278.692 992.802 164.97
EBIT310.18261.48988.571 695.63869.45
Net earnings239.59176.43729.591 303.31654.96
Shareholders equity total1 496.841 473.272 082.863 271.773 342.93
Balance sheet total (assets)1 985.322 811.216 452.144 451.255 674.54
Net debt- 169.49268.23935.86- 182.22626.34
Profitability
EBIT-%
ROA17.7 %11.5 %21.8 %32.6 %18.3 %
ROE17.4 %11.9 %41.0 %48.7 %19.8 %
ROI23.3 %14.6 %34.0 %50.5 %25.5 %
Economic value added (EVA)186.29137.54706.071 247.18513.15
Solvency
Equity ratio75.4 %52.4 %32.3 %73.5 %68.7 %
Gearing5.3 %45.9 %80.3 %0.2 %18.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.80.70.91.9
Current ratio3.62.11.53.72.4
Cash and cash equivalents248.45408.52735.81189.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:18.3%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.7%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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