Olden ApS — Credit Rating and Financial Key Figures

Olden ApS (CVR number: 40437363) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 12 kDKK, while net earnings were 12 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 44.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -56.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Olden ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.