OLE D. KNUDSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE D. KNUDSEN HOLDING ApS
OLE D. KNUDSEN HOLDING ApS (CVR number: 26928974K) is a company from SYDDJURS. The company recorded a gross profit of 29.8 mDKK in 2023. The operating profit was 218.5 kDKK, while net earnings were -3486.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. OLE D. KNUDSEN HOLDING ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 29 475.46 | 38 897.37 | 32 748.03 | 45 592.68 | 29 758.74 |
EBIT | -9 832.04 | 15 005.35 | 8 454.57 | 19 056.65 | 218.50 |
Net earnings | 46 838.21 | 15 557.05 | 6 769.62 | 15 292.32 | -3 486.30 |
Shareholders equity total | 121 220.81 | 135 334.92 | 141 901.48 | 156 932.22 | 153 819.46 |
Balance sheet total (assets) | 231 546.25 | 239 326.42 | 240 839.59 | 260 488.61 | 254 049.94 |
Net debt | 81 437.98 | 73 913.58 | 67 702.29 | 57 442.30 | 69 220.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.2 % | 8.9 % | 4.0 % | 7.8 % | 0.2 % |
ROE | 57.3 % | 14.6 % | 5.9 % | 12.2 % | -2.7 % |
ROI | 26.6 % | 9.8 % | 4.4 % | 8.6 % | 0.2 % |
Economic value added (EVA) | -17 657.50 | 4 217.65 | -2 268.04 | 7 032.35 | -9 895.04 |
Solvency | |||||
Equity ratio | 52.4 % | 56.5 % | 58.9 % | 60.2 % | 60.5 % |
Gearing | 71.5 % | 60.8 % | 55.5 % | 50.4 % | 48.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.6 | 1.7 | 1.5 | 1.3 |
Current ratio | 1.3 | 2.1 | 2.3 | 2.2 | 1.9 |
Cash and cash equivalents | 5 242.77 | 8 421.69 | 11 120.66 | 21 576.40 | 4 905.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AAA | AAA | AAA | AA |
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