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 -21.3 kDKK in 2023. The operating profit was -21.3 kDKK, while net earnings were -43.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.6 %, 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. Olje Holding ApS's liquidity measured by quick ratio was 7.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -21.92 | -20.38 | -24.00 | -21.67 | -21.30 |
EBIT | -21.92 | -20.38 | -24.00 | -21.67 | -21.30 |
Net earnings | 260.60 | 403.99 | 279.89 | 205.90 | -43.81 |
Shareholders equity total | 310.60 | 659.28 | 882.68 | 1 031.38 | 928.66 |
Balance sheet total (assets) | 2 108.34 | 2 206.30 | 2 170.47 | 1 969.46 | 1 801.15 |
Net debt | 22.00 | 711.01 | 672.17 | 659.72 | 746.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.9 % | 20.4 % | 14.4 % | 12.3 % | 0.2 % |
ROE | 83.9 % | 83.3 % | 36.3 % | 21.5 % | -4.5 % |
ROI | 16.9 % | 22.0 % | 15.6 % | 13.8 % | 0.2 % |
Economic value added (EVA) | -17.55 | 40.93 | -14.20 | -38.06 | -54.14 |
Solvency | |||||
Equity ratio | 14.7 % | 29.9 % | 40.7 % | 52.4 % | 51.6 % |
Gearing | 7.1 % | 107.8 % | 76.2 % | 64.0 % | 80.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.1 | 6.3 | 14.5 | 13.7 | 7.1 |
Current ratio | 9.1 | 6.3 | 14.5 | 13.7 | 7.1 |
Cash and cash equivalents | 0.00 | 0.00 | 0.01 | 0.03 | 0.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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