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KURT B. OLSEN BELYSNING ApS — Credit Rating and Financial Key Figures

CVR number: 27677371
Lerhøj 22, 4220 Korsør
kbolsen@c.dk
tel: 29637009
Free credit report Annual report

Credit rating

Company information

Official name
KURT B. OLSEN BELYSNING ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About KURT B. OLSEN BELYSNING ApS

KURT B. OLSEN BELYSNING ApS (CVR number: 27677371) is a company from SLAGELSE. The company recorded a gross profit of 543.2 kDKK in 2024. The operating profit was 64.4 kDKK, while net earnings were 40.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KURT B. OLSEN BELYSNING ApS's liquidity measured by quick ratio was 2.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit730.13433.32402.41442.95543.22
EBIT300.94138.14-30.24-12.2264.42
Net earnings232.84103.28-24.29-13.6440.31
Shareholders equity total1 092.201 082.48943.79812.36730.67
Balance sheet total (assets)1 374.401 331.591 102.871 131.901 142.70
Net debt- 418.76- 316.78-95.12- 172.39-1 118.11
Profitability
EBIT-%
ROA22.9 %10.2 %-2.5 %-1.1 %5.7 %
ROE22.6 %9.5 %-2.4 %-1.6 %5.2 %
ROI29.2 %12.7 %-3.0 %-1.4 %8.4 %
Economic value added (EVA)185.3650.70-78.31-57.594.61
Solvency
Equity ratio79.5 %81.3 %85.6 %71.8 %63.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.71.51.00.72.8
Current ratio4.65.16.53.32.8
Cash and cash equivalents418.76316.7895.12172.391 118.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:5.70%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.9%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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