Ejendomsselskabet Olav de Linde A/S — Credit Rating and Financial Key Figures

CVR number: 38275844
Søren Frichs Vej 38 A, 8230 Åbyhøj
tel: 86154244

Company information

Official name
Ejendomsselskabet Olav de Linde A/S
Personnel
123 persons
Established
2016
Company form
Limited company
Industry

About Ejendomsselskabet Olav de Linde A/S

Ejendomsselskabet Olav de Linde A/S (CVR number: 38275844) is a company from AARHUS. The company reported a net sales of 529.4 mDKK in 2023, demonstrating a growth of 10.1 % compared to the previous year. The operating profit percentage was at 41.1 % (EBIT: 217.8 mDKK), while net earnings were 150.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 47 %, 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. Ejendomsselskabet Olav de Linde A/S's liquidity measured by quick ratio was 0.5 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales388.67394.21430.95480.80529.44
Gross profit312.83311.69271.81297.88405.69
EBIT625.74660.072 261.22295.02217.82
Net earnings434.89445.501 728.56179.32150.63
Shareholders equity total2 267.532 644.334 506.685 061.125 056.37
Balance sheet total (assets)6 884.417 913.979 563.7510 710.2510 747.85
Net debt3 450.124 050.933 287.843 524.263 851.59
Profitability
EBIT-%161.0 %167.4 %524.7 %61.4 %41.1 %
ROA9.9 %8.9 %25.9 %2.9 %3.4 %
ROE18.1 %18.1 %48.3 %3.7 %3.0 %
ROI10.4 %9.4 %27.0 %3.1 %3.6 %
Economic value added (EVA)251.90249.721 499.55- 137.27- 219.40
Solvency
Equity ratio32.9 %33.4 %47.1 %47.3 %47.0 %
Gearing152.3 %153.5 %73.0 %73.5 %78.8 %
Relative net indebtedness %1014.6 %1134.0 %884.0 %867.8 %813.5 %
Liquidity
Quick ratio0.10.10.10.70.5
Current ratio0.10.10.10.70.5
Cash and cash equivalents3.677.390.04197.10135.10
Capital use efficiency
Trade debtors turnover (days)8.16.921.78.17.1
Net working capital %-224.0 %-301.9 %-121.2 %-37.7 %-42.7 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:3.42%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.0%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

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