OLBA ApS — Credit Rating and Financial Key Figures

CVR number: 29834857
Snorrebakken 58, Rønne 3700 Rønne
ole@reh.dk
tel: 60246886

Credit rating

Company information

Official name
OLBA ApS
Established
2007
Domicile
Rønne
Company form
Private limited company
Industry

About OLBA ApS

OLBA ApS (CVR number: 29834857) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 266.3 kDKK in 2024. The operating profit was -31 kDKK, while net earnings were -60.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61 %, 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. OLBA ApS'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 profit-10.0044.00-41.00215.00266.30
EBIT-23.00-26.00- 213.00-50.00-31.02
Net earnings510.00795.00334.00- 214.00-60.32
Shareholders equity total2 055.002 850.003 070.002 738.002 555.82
Balance sheet total (assets)2 443.004 361.004 661.004 323.004 186.59
Net debt- 431.00- 145.00337.00525.00725.59
Profitability
EBIT-%
ROA23.7 %23.4 %7.6 %-4.7 %-1.4 %
ROE27.5 %32.4 %11.3 %-7.4 %-2.3 %
ROI25.1 %23.8 %7.6 %-4.7 %-1.4 %
Economic value added (EVA)- 110.28- 142.53- 433.17- 280.23- 242.51
Solvency
Equity ratio84.1 %65.4 %65.9 %63.3 %61.0 %
Gearing12.8 %52.7 %49.0 %53.8 %54.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.10.80.60.4
Current ratio1.81.10.80.60.4
Cash and cash equivalents695.001 647.001 166.00947.00677.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.42%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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