Ølsted Ejendomsudvikling ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ølsted Ejendomsudvikling ApS
Ølsted Ejendomsudvikling ApS (CVR number: 35865039) is a company from AARHUS. The company recorded a gross profit of 87.9 kDKK in 2023. The operating profit was -535.2 kDKK, while net earnings were -537 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.3 %, which can be considered poor and Return on Equity (ROE) was -39.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ølsted Ejendomsudvikling ApS's liquidity measured by quick ratio was 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 350.95 | 1 462.82 | 932.72 | 1 429.61 | 87.92 |
EBIT | - 377.26 | 310.25 | 801.13 | 809.37 | - 535.21 |
Net earnings | - 311.73 | 232.40 | 610.90 | 618.42 | - 536.95 |
Shareholders equity total | 860.58 | 892.98 | 1 303.88 | 1 722.31 | 985.35 |
Balance sheet total (assets) | 1 807.65 | 1 627.95 | 1 854.50 | 2 821.70 | 1 150.11 |
Net debt | - 729.26 | - 460.78 | - 821.46 | -1 529.90 | - 836.99 |
Profitability | |||||
EBIT-% | |||||
ROA | -16.0 % | 18.1 % | 46.0 % | 34.6 % | -26.3 % |
ROE | -27.9 % | 26.5 % | 55.6 % | 40.9 % | -39.7 % |
ROI | -32.7 % | 34.1 % | 66.0 % | 48.1 % | -35.6 % |
Economic value added (EVA) | - 324.00 | 234.50 | 606.06 | 614.34 | - 536.95 |
Solvency | |||||
Equity ratio | 47.6 % | 54.9 % | 70.3 % | 61.0 % | 85.7 % |
Gearing | 7.7 % | 12.5 % | 10.2 % | 4.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.4 | 4.7 | 3.0 | 7.0 |
Current ratio | 1.8 | 2.4 | 4.7 | 3.0 | 7.0 |
Cash and cash equivalents | 729.26 | 529.31 | 984.59 | 1 704.98 | 883.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BB |
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