OL Revision Godkendt Revisionsaktieselskab — Credit Rating and Financial Key Figures

CVR number: 10841976
Østervang 2, 6800 Varde
tel: 75223255

Credit rating

Company information

Official name
OL Revision Godkendt Revisionsaktieselskab
Personnel
14 persons
Established
1987
Company form
Limited company
Industry

About OL Revision Godkendt Revisionsaktieselskab

OL Revision Godkendt Revisionsaktieselskab (CVR number: 10841976) is a company from VARDE. The company recorded a gross profit of 6672 kDKK in 2023. The operating profit was 317.1 kDKK, while net earnings were 214.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. OL Revision Godkendt Revisionsaktieselskab's liquidity measured by quick ratio was 1.4 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 profit6 672.527 033.967 080.296 754.796 672.01
EBIT580.86807.181 049.12784.66317.09
Net earnings386.73625.19810.93589.76214.19
Shareholders equity total1 080.141 555.331 916.262 056.021 920.22
Balance sheet total (assets)5 652.725 835.595 732.806 461.276 157.44
Net debt1 787.77632.161 279.001 719.991 893.89
Profitability
EBIT-%
ROA11.0 %15.3 %19.2 %14.8 %6.1 %
ROE43.7 %47.4 %46.7 %29.7 %10.8 %
ROI19.5 %31.1 %34.9 %23.7 %9.7 %
Economic value added (EVA)410.75578.14747.28521.02151.25
Solvency
Equity ratio19.1 %26.7 %34.6 %32.5 %31.2 %
Gearing172.2 %50.5 %72.6 %91.2 %107.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.81.51.4
Current ratio1.31.51.71.41.4
Cash and cash equivalents71.71153.22112.55155.48162.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:6.12%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.2%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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