Oluf Lorentzen ApS — Credit Rating and Financial Key Figures

CVR number: 31176190
Gærdesangervej 14, 6500 Vojens
oluf.lorentzen@outlook.dk
tel: 74543540

Credit rating

Company information

Official name
Oluf Lorentzen ApS
Established
2008
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About Oluf Lorentzen ApS

Oluf Lorentzen ApS (CVR number: 31176190) is a company from HADERSLEV. The company recorded a gross profit of -15 kDKK in 2023. The operating profit was -15 kDKK, while net earnings were 298.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Oluf Lorentzen ApS's liquidity measured by quick ratio was 6.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit152.5970.58-13.41-16.94-14.97
EBIT152.5970.58-13.41-16.94-14.97
Net earnings321.57123.66300.84- 216.20298.74
Shareholders equity total1 775.881 788.951 976.791 660.591 841.53
Balance sheet total (assets)1 826.771 792.082 030.841 660.591 853.09
Net debt- 112.13-31.61-12.65-29.52-77.64
Profitability
EBIT-%
ROA24.3 %8.8 %20.2 %-0.9 %18.3 %
ROE19.3 %6.9 %16.0 %-11.9 %17.1 %
ROI24.7 %8.9 %20.5 %-0.9 %18.4 %
Economic value added (EVA)95.19-28.24-98.77- 115.64-95.86
Solvency
Equity ratio97.2 %99.8 %97.3 %100.0 %99.4 %
Gearing0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.611.30.26.7
Current ratio2.611.30.26.7
Cash and cash equivalents118.1331.6112.6529.5277.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:18.3%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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