Olesen Sporthorses ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Olesen Sporthorses ApS
Olesen Sporthorses ApS (CVR number: 40715037) is a company from ASSENS. The company recorded a gross profit of 26.1 kDKK in 2024. The operating profit was -505.3 kDKK, while net earnings were -511.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.6 %, which can be considered poor and Return on Equity (ROE) was -92.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Olesen Sporthorses ApS's liquidity measured by quick ratio was 4.7 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 | -12.00 | -6.65 | 18.07 | 8.18 | 26.09 |
| EBIT | -12.00 | -6.65 | 18.07 | 8.18 | - 505.32 |
| Net earnings | -20.44 | -14.68 | 10.09 | 1.50 | - 511.80 |
| Shareholders equity total | 19.56 | 4.89 | 14.98 | 16.48 | - 495.32 |
| Balance sheet total (assets) | 1 570.35 | 1 569.74 | 1 638.04 | 1 602.09 | 1 093.32 |
| Net debt | -37.69 | -38.33 | -5.90 | 5.96 | -26.29 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.8 % | -0.4 % | 1.1 % | 0.6 % | -31.6 % |
| ROE | -104.5 % | -120.0 % | 101.6 % | 9.6 % | -92.2 % |
| ROI | -0.8 % | -0.4 % | 2.3 % | 22.9 % | -3212.0 % |
| Economic value added (EVA) | -12.00 | -7.63 | 17.83 | 5.51 | - 506.94 |
| Solvency | |||||
| Equity ratio | 1.2 % | 0.3 % | 0.9 % | 1.0 % | -31.2 % |
| Gearing | 255.3 % | 78.2 % | -0.4 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.0 | 2.0 | 1.5 | 2.9 | 4.7 |
| Current ratio | 3.0 | 2.0 | 1.5 | 2.9 | 4.7 |
| Cash and cash equivalents | 37.69 | 38.33 | 44.13 | 6.93 | 28.29 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | B |
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