OLSEN DESIGN ApS — Credit Rating and Financial Key Figures

OLSEN DESIGN ApS (CVR number: 19762076) is a company from FREDERICIA. The company recorded a gross profit of 1954 kDKK in 2023. The operating profit was 608 kDKK, while net earnings were 462.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 103.9 %, which can be considered excellent and Return on Equity (ROE) was 344.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -69.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. OLSEN DESIGN ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.