KENNETH FUSSING OLESEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35653392
Julius Bechgaards Vej 1, 8000 Aarhus C

Company information

Official name
KENNETH FUSSING OLESEN HOLDING ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry

About KENNETH FUSSING OLESEN HOLDING ApS

KENNETH FUSSING OLESEN HOLDING ApS (CVR number: 35653392) is a company from AARHUS. The company recorded a gross profit of -23.3 kDKK in 2023. The operating profit was -23.3 kDKK, while net earnings were 3753.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KENNETH FUSSING OLESEN HOLDING ApS's liquidity measured by quick ratio was 72.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales4 074.1010 459.99
Gross profit4 066.2510 451.32-14.10-13.61-23.31
EBIT4 066.2510 451.32-14.10-13.61-23.31
Net earnings4 093.4511 548.2713 945.9211 232.843 753.07
Shareholders equity total29 898.4841 160.9949 128.0460 246.4863 499.56
Balance sheet total (assets)29 939.9641 933.3150 331.3260 251.4863 679.82
Net debt-6 730.33-9 922.17-4 482.79-4 086.27-4 575.24
Profitability
EBIT-%99.8 %99.9 %
ROA19.8 %33.0 %31.7 %20.4 %6.4 %
ROE18.9 %32.5 %30.9 %20.5 %6.1 %
ROI19.9 %33.4 %32.1 %20.4 %6.4 %
Economic value added (EVA)3 688.069 754.09906.751 401.651 902.50
Solvency
Equity ratio99.9 %98.2 %97.6 %100.0 %99.7 %
Gearing1.8 %
Relative net indebtedness %-164.2 %-87.5 %
Liquidity
Quick ratio325.321.910.42 232.472.1
Current ratio325.321.910.42 232.472.1
Cash and cash equivalents6 730.339 922.175 382.794 086.274 575.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %285.1 %111.3 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:6.35%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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