OLE LIND OLESEN A/S — Credit Rating and Financial Key Figures

CVR number: 32439780
Stærevej 1, 9600 Aars
olelindolesen@live.dk
tel: 40105355

Company information

Official name
OLE LIND OLESEN A/S
Personnel
2 persons
Established
2009
Company form
Limited company
Industry

About OLE LIND OLESEN A/S

OLE LIND OLESEN A/S (CVR number: 32439780) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 1468.6 kDKK in 2023. The operating profit was 286.9 kDKK, while net earnings were 237.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 20.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. OLE LIND OLESEN A/S's liquidity measured by quick ratio was 1.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit704.44506.84597.211 056.781 468.57
EBIT161.54-53.36140.04307.85286.89
Net earnings120.75-36.29110.30243.18237.65
Shareholders equity total726.66690.37800.661 043.841 281.49
Balance sheet total (assets)970.591 016.781 038.241 472.172 004.54
Net debt- 390.49-48.2558.93- 624.23- 621.39
Profitability
EBIT-%
ROA14.3 %-4.2 %14.3 %25.0 %17.5 %
ROE18.1 %-5.1 %14.8 %26.4 %20.4 %
ROI18.3 %-5.8 %18.0 %31.2 %25.2 %
Economic value added (EVA)118.26-60.8176.38202.58202.96
Solvency
Equity ratio74.9 %67.9 %77.1 %70.9 %63.9 %
Gearing14.8 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.72.41.82.31.6
Current ratio2.72.41.82.31.6
Cash and cash equivalents390.4948.2559.67625.09623.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.9%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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