ØLSTED DETAIL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ØLSTED DETAIL A/S
ØLSTED DETAIL A/S (CVR number: 33381379) is a company from HALSNÆS. The company reported a net sales of 10 mDKK in 2024, demonstrating a decline of -30.7 % compared to the previous year. The operating profit percentage was at 11.2 % (EBIT: 1.1 mDKK), while net earnings were 870 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62 %, 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. ØLSTED DETAIL A/S'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 10 147.30 | 12 954.02 | 16 519.08 | 14 425.10 | 10 001.35 |
Gross profit | 1 861.13 | 1 403.32 | 1 539.29 | 1 702.71 | 1 613.23 |
EBIT | 953.50 | 925.57 | 1 057.49 | 1 208.05 | 1 118.58 |
Net earnings | 799.20 | 786.24 | 951.24 | 927.70 | 870.04 |
Shareholders equity total | 9 546.74 | 10 332.98 | 11 284.22 | 12 211.92 | 13 081.96 |
Balance sheet total (assets) | 25 070.09 | 24 230.52 | 23 829.55 | 23 289.53 | 21 099.75 |
Net debt | 13 678.39 | 12 127.56 | 10 924.80 | 9 156.31 | 6 590.24 |
Profitability | |||||
EBIT-% | 9.4 % | 7.1 % | 6.4 % | 8.4 % | 11.2 % |
ROA | 4.9 % | 4.8 % | 5.8 % | 6.9 % | 6.8 % |
ROE | 8.7 % | 7.9 % | 8.8 % | 7.9 % | 6.9 % |
ROI | 5.2 % | 5.1 % | 6.1 % | 7.3 % | 7.2 % |
Economic value added (EVA) | - 370.59 | - 377.21 | - 223.63 | -94.10 | - 127.65 |
Solvency | |||||
Equity ratio | 38.1 % | 42.6 % | 47.4 % | 52.4 % | 62.0 % |
Gearing | 144.7 % | 120.9 % | 97.0 % | 77.9 % | 53.2 % |
Relative net indebtedness % | 151.6 % | 104.5 % | 75.8 % | 73.3 % | 74.0 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.4 | 1.3 | 1.5 | 1.4 |
Current ratio | 1.7 | 1.7 | 1.5 | 1.7 | 1.7 |
Cash and cash equivalents | 135.38 | 364.28 | 23.68 | 356.79 | 367.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 22.3 % | 15.1 % | 10.2 % | 13.3 % | 12.7 % |
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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