ØLSTED DETAIL A/S

CVR number: 33381379
Byvej 6, 3310 Ølsted

Credit rating

Company information

Official name
ØLSTED DETAIL A/S
Personnel
1 person
Established
2011
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About ØLSTED DETAIL A/S

ØLSTED DETAIL A/S (CVR number: 33381379) is a company from HALSNÆS. The company reported a net sales of 14.4 mDKK in 2023, demonstrating a decline of -12.7 % compared to the previous year. The operating profit percentage was at 8.4 % (EBIT: 1.2 mDKK), while net earnings were 927.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ØLSTED DETAIL A/S's liquidity measured by quick ratio was 1.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales10 680.9710 147.3012 954.0216 519.0814 425.10
Gross profit1 421.771 861.131 403.321 539.291 702.71
EBIT936.27953.50925.571 057.491 208.05
Net earnings875.78799.20786.24951.24927.70
Shareholders equity total8 747.539 546.7410 332.9811 284.2212 211.92
Balance sheet total (assets)24 521.9525 070.0924 230.5223 829.5523 289.53
Net debt14 143.9113 678.3912 127.5610 924.809 156.31
Profitability
EBIT-%8.8 %9.4 %7.1 %6.4 %8.4 %
ROA4.6 %4.9 %4.8 %5.8 %6.9 %
ROE10.5 %8.7 %7.9 %8.8 %7.9 %
ROI4.9 %5.2 %5.1 %6.1 %7.3 %
Economic value added (EVA)- 158.08- 370.59- 377.21- 223.63-94.10
Solvency
Equity ratio35.7 %38.1 %42.6 %47.4 %52.4 %
Gearing165.3 %144.7 %120.9 %97.0 %77.9 %
Relative net indebtedness %144.8 %151.6 %104.5 %75.8 %73.3 %
Liquidity
Quick ratio1.91.61.41.31.5
Current ratio2.21.71.71.51.7
Cash and cash equivalents312.00135.38364.2823.68356.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %22.0 %22.3 %15.1 %10.2 %13.3 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.87%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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