OLE THERS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27401260
Enrumvej 15, 2942 Skodsborg
ot@smthouse.com
tel: 25303635

Credit rating

Company information

Official name
OLE THERS HOLDING ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About OLE THERS HOLDING ApS

OLE THERS HOLDING ApS (CVR number: 27401260) is a company from RUDERSDAL. The company recorded a gross profit of 968.2 kDKK in 2023. The operating profit was 282.4 kDKK, while net earnings were 1334.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE THERS HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit591.23679.88597.431 071.20968.24
EBIT-12.00174.53-15.20445.72282.45
Net earnings-20.77302.33-34.83890.951 334.14
Shareholders equity total266.927 307.775 738.0415 234.9516 569.09
Balance sheet total (assets)483.227 426.265 947.7115 565.9316 862.69
Net debt-33.63-25.0424.26-87.26-88.21
Profitability
EBIT-%
ROA-2.6 %8.7 %-0.2 %9.3 %8.7 %
ROE-7.5 %8.0 %-0.5 %8.5 %8.4 %
ROI-4.2 %9.0 %-0.2 %9.4 %8.8 %
Economic value added (EVA)-8.46148.55338.78620.14960.19
Solvency
Equity ratio55.2 %98.4 %96.5 %97.9 %98.3 %
Gearing5.3 %0.4 %1.4 %0.3 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.60.60.71.3
Current ratio0.30.60.60.71.3
Cash and cash equivalents47.6551.9353.34136.53111.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:8.69%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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