To gange Olsen ApS — Credit Rating and Financial Key Figures

CVR number: 38682385
Folehavevej 4, Apperup 3140 Ålsgårde
vierolsenogolsen@gmail.com
tel: 21436428

Credit rating

Company information

Official name
To gange Olsen ApS
Established
2017
Domicile
Apperup
Company form
Private limited company
Industry
  • Expand more icon90Creative, arts and entertainment activities

About To gange Olsen ApS

To gange Olsen ApS (CVR number: 38682385) is a company from HELSINGØR. The company reported a net sales of 0 mDKK in 2023, demonstrating a growth of 20.2 % compared to the previous year. The operating profit percentage was poor at -1.3 % (EBIT: -0 mDKK), while net earnings were -0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. To gange Olsen ApS's liquidity measured by quick ratio was 8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales95.8651.0847.0341.4249.78
Gross profit36.0910.9218.06-2.18-0.64
EBIT36.0910.9218.06-2.18-0.64
Net earnings36.093.4616.10-3.80-0.64
Shareholders equity total82.4344.4669.9766.1766.18
Balance sheet total (assets)104.3576.9191.0785.3072.18
Net debt-74.90-34.10-44.00-53.32-46.15
Profitability
EBIT-%37.7 %21.4 %38.4 %-5.3 %-1.3 %
ROA41.0 %12.0 %21.5 %-2.5 %-0.8 %
ROE56.1 %5.4 %28.1 %-5.6 %-1.0 %
ROI56.1 %17.2 %31.6 %-3.2 %-1.0 %
Economic value added (EVA)36.937.3715.94-3.49-1.29
Solvency
Equity ratio79.0 %57.8 %76.8 %77.6 %91.7 %
Gearing
Relative net indebtedness %-55.3 %-3.2 %-48.7 %-82.6 %-80.7 %
Liquidity
Quick ratio3.41.22.66.68.0
Current ratio4.82.44.310.412.0
Cash and cash equivalents74.9034.1044.0053.3246.15
Capital use efficiency
Trade debtors turnover (days)77.64.1
Net working capital %86.0 %87.0 %148.8 %186.2 %132.9 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-0.82%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.7%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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