Olsen Yacht ApS — Credit Rating and Financial Key Figures

CVR number: 31253845
Strandvejen 1, 4850 Stubbekøbing

Credit rating

Company information

Official name
Olsen Yacht ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About Olsen Yacht ApS

Olsen Yacht ApS (CVR number: 31253845) is a company from GULDBORGSUND. The company recorded a gross profit of 170.6 kDKK in 2023. The operating profit was 43.3 kDKK, while net earnings were 32.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Olsen Yacht ApS'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
20192020202120222023
Volume
Net sales
Gross profit128.7591.5996.8174.84170.57
EBIT49.53-18.755.717.8043.28
Net earnings24.83-6.833.175.7032.83
Shareholders equity total110.00103.16106.33112.03144.86
Balance sheet total (assets)251.33223.34252.68248.89361.76
Net debt-68.27-20.25- 124.55-43.61- 264.90
Profitability
EBIT-%
ROA20.7 %-7.9 %2.4 %3.2 %14.2 %
ROE25.4 %-6.4 %3.0 %5.2 %25.6 %
ROI50.8 %-17.6 %5.4 %7.3 %33.7 %
Economic value added (EVA)32.21-15.411.546.8830.05
Solvency
Equity ratio43.8 %46.2 %42.1 %45.0 %40.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.41.71.6
Current ratio1.61.61.51.81.7
Cash and cash equivalents68.2720.25124.5543.61264.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:14.2%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.0%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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