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Olje Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Olje Holding ApS
Olje Holding ApS (CVR number: 40231064) is a company from ODENSE. The company recorded a gross profit of -22.3 kDKK in 2024. The operating profit was -22.3 kDKK, while net earnings were 423.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.2 %, which can be considered excellent and Return on Equity (ROE) was 38.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. Olje Holding ApS's liquidity measured by quick ratio was 6.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -20.38 | -24.00 | -21.67 | -21.30 | -22.30 |
| EBIT | -20.38 | -24.00 | -21.67 | -21.30 | -22.30 |
| Net earnings | 403.99 | 279.89 | 205.90 | -43.81 | 423.80 |
| Shareholders equity total | 659.28 | 882.68 | 1 031.38 | 928.66 | 1 291.47 |
| Balance sheet total (assets) | 2 206.30 | 2 170.47 | 1 969.46 | 1 801.15 | 2 158.07 |
| Net debt | 711.01 | 672.17 | 659.72 | 746.09 | 742.79 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 20.4 % | 14.4 % | 12.3 % | 0.2 % | 24.2 % |
| ROE | 83.3 % | 36.3 % | 21.5 % | -4.5 % | 38.2 % |
| ROI | 22.0 % | 15.6 % | 13.8 % | 0.2 % | 25.8 % |
| Economic value added (EVA) | -32.61 | -87.59 | -97.38 | - 101.73 | - 102.51 |
| Solvency | |||||
| Equity ratio | 29.9 % | 40.7 % | 52.4 % | 51.6 % | 59.8 % |
| Gearing | 107.8 % | 76.2 % | 64.0 % | 80.4 % | 57.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.3 | 14.5 | 13.7 | 7.1 | 6.7 |
| Current ratio | 6.3 | 14.5 | 13.7 | 7.1 | 6.7 |
| Cash and cash equivalents | 0.00 | 0.01 | 0.03 | 0.92 | 3.13 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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