GRETE OLESEN INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 15254688
Frederiksdal Alle 45, 7800 Skive
Free credit report Annual report

Company information

Official name
GRETE OLESEN INVEST A/S
Personnel
1 person
Established
1991
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit113.917.32-46.80-24.32-21.37
EBIT113.91-25.81-69.27-24.32-21.37
Net earnings198.4980.35-74.79-67.0717.51
Shareholders equity total4 343.442 338.48822.70705.63723.14
Balance sheet total (assets)5 927.313 783.81851.00769.41750.42
Net debt- 367.93- 347.87- 827.05- 709.05- 698.14
Profitability
EBIT-%
ROA4.6 %1.1 %-1.3 %2.3 %3.0 %
ROE4.6 %2.4 %-4.7 %-8.8 %2.5 %
ROI4.6 %1.1 %-1.4 %2.4 %3.2 %
Economic value added (EVA)- 202.95- 312.70- 243.79-56.77-52.08
Solvency
Equity ratio73.3 %61.8 %96.7 %91.7 %96.4 %
Gearing24.8 %43.3 %
Relative net indebtedness %
Liquidity
Quick ratio10.92.631.212.127.5
Current ratio10.92.631.212.127.5
Cash and cash equivalents1 447.061 361.30827.05709.05698.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:2.96%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.4%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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