GRETE OLESEN INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRETE OLESEN INVEST A/S
GRETE OLESEN INVEST A/S (CVR number: 15254688) is a company from SKIVE. The company recorded a gross profit of -21.4 kDKK in 2023. The operating profit was -21.4 kDKK, while net earnings were 17.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRETE OLESEN INVEST A/S's liquidity measured by quick ratio was 27.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 113.91 | 7.32 | -46.80 | -24.32 | -21.37 |
EBIT | 113.91 | -25.81 | -69.27 | -24.32 | -21.37 |
Net earnings | 198.49 | 80.35 | -74.79 | -67.07 | 17.51 |
Shareholders equity total | 4 343.44 | 2 338.48 | 822.70 | 705.63 | 723.14 |
Balance sheet total (assets) | 5 927.31 | 3 783.81 | 851.00 | 769.41 | 750.42 |
Net debt | - 367.93 | - 347.87 | - 827.05 | - 709.05 | - 698.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.6 % | 1.1 % | -1.3 % | 2.3 % | 3.0 % |
ROE | 4.6 % | 2.4 % | -4.7 % | -8.8 % | 2.5 % |
ROI | 4.6 % | 1.1 % | -1.4 % | 2.4 % | 3.2 % |
Economic value added (EVA) | - 202.95 | - 312.70 | - 243.79 | -56.77 | -52.08 |
Solvency | |||||
Equity ratio | 73.3 % | 61.8 % | 96.7 % | 91.7 % | 96.4 % |
Gearing | 24.8 % | 43.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.9 | 2.6 | 31.2 | 12.1 | 27.5 |
Current ratio | 10.9 | 2.6 | 31.2 | 12.1 | 27.5 |
Cash and cash equivalents | 1 447.06 | 1 361.30 | 827.05 | 709.05 | 698.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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