OLE NORRE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31888697
Godthåbsvej 79, 8660 Skanderborg

Company information

Official name
OLE NORRE HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About OLE NORRE HOLDING ApS

OLE NORRE HOLDING ApS (CVR number: 31888697K) is a company from SKANDERBORG. The company recorded a gross profit of 54.3 mDKK in 2021. The operating profit was -1292.6 kDKK, while net earnings were -1221.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OLE NORRE HOLDING ApS's liquidity measured by quick ratio was 2 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit41 197.2051 215.3357 036.7550 517.5954 338.73
EBIT- 768.442 254.122 552.943 086.06-1 292.64
Net earnings-1 154.511 555.261 831.452 172.28-1 221.40
Shareholders equity total23 984.7325 487.0927 210.5429 272.2127 937.81
Balance sheet total (assets)50 770.1551 497.0557 753.9357 310.0751 604.11
Net debt14 512.8511 114.10-3 782.035 031.1810 834.86
Profitability
EBIT-%
ROA-1.5 %4.6 %4.7 %5.4 %-2.3 %
ROE-4.8 %6.3 %7.0 %7.7 %-4.3 %
ROI-1.8 %5.8 %6.4 %7.5 %-3.0 %
Economic value added (EVA)- 757.30- 200.29154.091 234.41-2 670.54
Solvency
Equity ratio49.0 %51.5 %50.7 %53.4 %54.6 %
Gearing69.3 %54.3 %48.1 %42.2 %48.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.62.72.62.0
Current ratio1.82.11.92.12.1
Cash and cash equivalents2 115.582 721.9816 868.947 311.342 689.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:-2.28%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.6%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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