OLAV OLESEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLAV OLESEN HOLDING ApS
OLAV OLESEN HOLDING ApS (CVR number: 31886007) is a company from VARDE. The company recorded a gross profit of -4.3 kDKK in 2024. The operating profit was -4.3 kDKK, while net earnings were -9.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.9 %, 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. OLAV OLESEN HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.75 | -3.75 | -3.75 | -4.85 | -4.35 |
EBIT | -3.75 | -3.75 | -3.75 | -4.85 | -4.35 |
Net earnings | 72.94 | 54.64 | - 134.33 | -23.19 | -9.31 |
Shareholders equity total | 461.21 | 515.86 | 381.52 | 358.34 | 349.02 |
Balance sheet total (assets) | 972.63 | 1 047.58 | 931.04 | 927.22 | 442.22 |
Net debt | 429.37 | 446.76 | 464.73 | 484.09 | 8.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.9 % | 6.9 % | -12.5 % | -1.4 % | 0.8 % |
ROE | 17.2 % | 11.2 % | -29.9 % | -6.3 % | -2.6 % |
ROI | 9.4 % | 7.3 % | -13.4 % | -1.5 % | 0.8 % |
Economic value added (EVA) | -44.62 | -49.13 | -52.55 | -47.55 | -46.97 |
Solvency | |||||
Equity ratio | 47.4 % | 49.2 % | 41.0 % | 38.6 % | 78.9 % |
Gearing | 98.5 % | 91.4 % | 128.3 % | 142.0 % | 9.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.6 |
Current ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.6 |
Cash and cash equivalents | 25.14 | 24.96 | 24.79 | 24.79 | 24.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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