KAJ OLESEN A/S — Credit Rating and Financial Key Figures

CVR number: 35415270
Nymindegabvej 351, 6830 Nørre Nebel
info@kajolesen.dk
tel: 75287701
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Credit rating

Company information

Official name
KAJ OLESEN A/S
Personnel
19 persons
Established
2013
Company form
Limited company
Industry

About KAJ OLESEN A/S

KAJ OLESEN A/S (CVR number: 35415270) is a company from VARDE. The company recorded a gross profit of 7768.4 kDKK in 2024. The operating profit was 998.5 kDKK, while net earnings were 497 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 34.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KAJ OLESEN A/S's liquidity measured by quick ratio was 0.4 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 026.676 671.956 499.826 062.087 768.44
EBIT843.04673.88502.23- 430.72998.50
Net earnings383.62284.6834.75- 870.68496.97
Shareholders equity total1 747.282 031.952 066.711 196.031 693.00
Balance sheet total (assets)10 415.6010 553.9110 235.739 153.868 620.95
Net debt5 508.185 292.285 288.095 393.415 280.67
Profitability
EBIT-%
ROA9.7 %6.9 %5.2 %-3.8 %11.8 %
ROE24.7 %15.1 %1.7 %-53.4 %34.4 %
ROI13.4 %9.4 %6.9 %-5.0 %15.1 %
Economic value added (EVA)356.24152.53-76.73- 802.56661.96
Solvency
Equity ratio16.8 %19.3 %20.5 %13.3 %19.6 %
Gearing315.5 %260.6 %256.0 %451.1 %312.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.60.40.4
Current ratio1.21.31.41.21.3
Cash and cash equivalents5.312.591.721.712.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.6%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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