Olsen & Søn Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Olsen & Søn Holding ApS
Olsen & Søn Holding ApS (CVR number: 37395021) is a company from HALSNÆS. The company recorded a gross profit of -3.8 kDKK in 2023. The operating profit was -3.8 kDKK, while net earnings were -2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -56.5 %, which can be considered poor and Return on Equity (ROE) was -169.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Olsen & Søn Holding ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.83 | -3.75 | -3.88 | -4.38 | -3.75 |
EBIT | -5.83 | -3.75 | -3.88 | -4.38 | -3.75 |
Net earnings | -7.56 | -4.46 | -4.01 | -5.82 | -2.93 |
Shareholders equity total | 9.42 | 6.50 | 3.48 | 0.06 | -2.86 |
Balance sheet total (assets) | 12.43 | 9.50 | 6.07 | 7.03 | 3.39 |
Net debt | 0.09 | 4.47 | 1.25 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -29.1 % | -48.2 % | -62.4 % | -103.5 % | -56.5 % |
ROE | -64.7 % | -56.0 % | -80.3 % | -328.5 % | -169.3 % |
ROI | -34.7 % | -66.4 % | -96.5 % | -167.4 % | -129.7 % |
Economic value added (EVA) | -5.25 | -4.22 | -4.20 | -4.55 | -3.75 |
Solvency | |||||
Equity ratio | 75.9 % | 68.4 % | 57.3 % | 0.9 % | -45.8 % |
Gearing | 2.7 % | 6873.8 % | -43.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 1.4 | 1.0 | 0.5 | |
Current ratio | 2.7 | 1.4 | 1.0 | 0.5 | |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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