OLE RØMER HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21271780
Slotsgade 10, 7500 Holstebro
tel: 22151856

Credit rating

Company information

Official name
OLE RØMER HOLDING ApS
Established
1998
Company form
Private limited company
Industry

About OLE RØMER HOLDING ApS

OLE RØMER HOLDING ApS (CVR number: 21271780) is a company from HOLSTEBRO. The company recorded a gross profit of -42.9 kDKK in 2023. The operating profit was -42.9 kDKK, while net earnings were 8.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE RØMER HOLDING ApS's liquidity measured by quick ratio was 13 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 profit-33.04-43.19-44.19-36.13-42.85
EBIT-33.04-43.19-44.19-36.13-42.85
Net earnings503.822 129.53- 802.17606.588.67
Shareholders equity total16 298.8416 373.0713 570.9012 677.4811 686.15
Balance sheet total (assets)16 568.3117 571.2014 145.2113 779.0812 657.63
Net debt-16 217.68-16 792.11-13 961.41-12 602.84-11 598.61
Profitability
EBIT-%
ROA3.7 %15.2 %2.5 %4.7 %5.1 %
ROE3.1 %13.0 %-5.4 %4.6 %0.1 %
ROI3.7 %15.4 %2.6 %4.8 %5.1 %
Economic value added (EVA)-24.49-27.2516.01-7.277.59
Solvency
Equity ratio98.4 %93.2 %95.9 %92.0 %92.3 %
Gearing1.5 %4.8 %1.4 %8.5 %8.1 %
Relative net indebtedness %
Liquidity
Quick ratio61.514.724.612.513.0
Current ratio61.514.724.612.513.0
Cash and cash equivalents16 465.9017 571.2014 145.2113 681.3212 546.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:5.12%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.3%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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