TH. OLESEN IMPORT A/S — Credit Rating and Financial Key Figures

CVR number: 10003415
Hvidovrevej 137, 2650 Hvidovre
tho@th-olesen.dk
tel: 92444818
www.th-olesen.dk

Credit rating

Company information

Official name
TH. OLESEN IMPORT A/S
Personnel
3 persons
Established
1999
Company form
Limited company
Industry

About TH. OLESEN IMPORT A/S

TH. OLESEN IMPORT A/S (CVR number: 10003415) is a company from HVIDOVRE. The company recorded a gross profit of 5696.1 kDKK in 2023. The operating profit was 2112.1 kDKK, while net earnings were 1553 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 31.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TH. OLESEN IMPORT A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit3 539.104 231.873 943.843 642.785 696.11
EBIT- 114.60819.191 334.77910.822 112.15
Net earnings- 506.68383.31902.68657.591 553.00
Shareholders equity total2 198.132 581.433 484.124 141.715 694.71
Balance sheet total (assets)16 589.1019 557.4212 686.5816 796.0816 450.46
Net debt3 276.662 032.52201.632 091.95-5 166.47
Profitability
EBIT-%
ROA-0.6 %4.5 %8.8 %8.0 %13.8 %
ROE-20.7 %16.0 %29.8 %17.2 %31.6 %
ROI-1.8 %16.0 %30.1 %19.1 %31.1 %
Economic value added (EVA)- 201.94530.37909.09588.781 500.85
Solvency
Equity ratio13.3 %13.2 %27.5 %24.7 %34.6 %
Gearing156.9 %78.8 %39.4 %82.1 %25.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.90.70.9
Current ratio1.21.21.41.31.5
Cash and cash equivalents172.562.811 171.891 307.546 635.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:13.8%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.6%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.