OLE STORM SMEDE- OG MODELVÆRKSTED ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE STORM SMEDE- OG MODELVÆRKSTED ApS
OLE STORM SMEDE- OG MODELVÆRKSTED ApS (CVR number: 15094192) is a company from ISHØJ. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 9.3 % compared to the previous year. The operating profit percentage was at 26.2 % (EBIT: 0.2 mDKK), while net earnings were 125.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.9 %, which can be considered excellent and Return on Equity (ROE) was 36.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. OLE STORM SMEDE- OG MODELVÆRKSTED ApS's liquidity measured by quick ratio was 3.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 643.10 | 392.46 | 471.44 | 559.12 | 611.27 |
Gross profit | 296.58 | 111.00 | 176.81 | 237.05 | 335.38 |
EBIT | 142.00 | -10.65 | 78.76 | 93.50 | 160.40 |
Net earnings | 111.40 | -9.73 | 63.77 | 70.85 | 125.50 |
Shareholders equity total | 372.04 | 251.71 | 285.49 | 351.34 | 340.20 |
Balance sheet total (assets) | 675.02 | 512.28 | 566.68 | 617.58 | 456.47 |
Net debt | - 391.37 | - 131.40 | - 127.82 | - 281.13 | - 293.14 |
Profitability | |||||
EBIT-% | 22.1 % | -2.7 % | 16.7 % | 16.7 % | 26.2 % |
ROA | 21.0 % | -1.8 % | 14.6 % | 15.8 % | 29.9 % |
ROE | 30.1 % | -3.1 % | 23.7 % | 22.3 % | 36.3 % |
ROI | 24.8 % | -2.1 % | 16.6 % | 17.8 % | 35.1 % |
Economic value added (EVA) | 114.01 | 1.99 | 68.99 | 73.54 | 132.36 |
Solvency | |||||
Equity ratio | 55.1 % | 49.1 % | 50.4 % | 56.9 % | 74.5 % |
Gearing | 54.5 % | 82.7 % | 71.8 % | 60.2 % | 3.7 % |
Relative net indebtedness % | -45.3 % | -20.1 % | -11.0 % | -40.5 % | -31.0 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.8 | 1.8 | 2.1 | 3.5 |
Current ratio | 2.1 | 1.9 | 1.9 | 2.3 | 3.8 |
Cash and cash equivalents | 594.06 | 339.64 | 332.94 | 492.53 | 305.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.9 | 88.3 | 124.5 | 36.2 | 59.3 |
Net working capital % | 53.8 % | 58.3 % | 56.4 % | 59.9 % | 53.0 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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