To gange Olsen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 95.86 | 51.08 | 47.03 | 41.42 | 49.78 |
Gross profit | 36.09 | 10.92 | 18.06 | -2.18 | -0.64 |
EBIT | 36.09 | 10.92 | 18.06 | -2.18 | -0.64 |
Net earnings | 36.09 | 3.46 | 16.10 | -3.80 | -0.64 |
Shareholders equity total | 82.43 | 44.46 | 69.97 | 66.17 | 66.18 |
Balance sheet total (assets) | 104.35 | 76.91 | 91.07 | 85.30 | 72.18 |
Net debt | -74.90 | -34.10 | -44.00 | -53.32 | -46.15 |
Profitability | |||||
EBIT-% | 37.7 % | 21.4 % | 38.4 % | -5.3 % | -1.3 % |
ROA | 41.0 % | 12.0 % | 21.5 % | -2.5 % | -0.8 % |
ROE | 56.1 % | 5.4 % | 28.1 % | -5.6 % | -1.0 % |
ROI | 56.1 % | 17.2 % | 31.6 % | -3.2 % | -1.0 % |
Economic value added (EVA) | 36.93 | 7.37 | 15.94 | -3.49 | -1.29 |
Solvency | |||||
Equity ratio | 79.0 % | 57.8 % | 76.8 % | 77.6 % | 91.7 % |
Gearing | |||||
Relative net indebtedness % | -55.3 % | -3.2 % | -48.7 % | -82.6 % | -80.7 % |
Liquidity | |||||
Quick ratio | 3.4 | 1.2 | 2.6 | 6.6 | 8.0 |
Current ratio | 4.8 | 2.4 | 4.3 | 10.4 | 12.0 |
Cash and cash equivalents | 74.90 | 34.10 | 44.00 | 53.32 | 46.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 77.6 | 4.1 | |||
Net working capital % | 86.0 % | 87.0 % | 148.8 % | 186.2 % | 132.9 % |
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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