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OLITEX ApS — Credit Rating and Financial Key Figures

CVR number: 28892810
Peder Wessels Vej 7, 5220 Odense SØ
tel: 35107050
Free credit report Annual report

Credit rating

Company information

Official name
OLITEX ApS
Personnel
11 persons
Established
2005
Company form
Private limited company
Industry

About OLITEX ApS

OLITEX ApS (CVR number: 28892810) is a company from ODENSE. The company recorded a gross profit of 7102 kDKK in 2024. The operating profit was 2857.7 kDKK, while net earnings were 1633.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. OLITEX ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 687.476 120.8510 035.268 376.917 101.99
EBIT950.342 182.045 966.964 271.802 857.68
Net earnings-25.251 159.983 941.572 354.321 633.61
Shareholders equity total11 675.5212 835.4916 777.0617 131.3816 764.99
Balance sheet total (assets)30 908.6026 379.4641 086.8246 309.4944 948.04
Net debt13 459.475 077.9712 594.9020 766.5220 801.42
Profitability
EBIT-%
ROA2.9 %7.6 %17.7 %10.1 %6.8 %
ROE-0.2 %9.5 %26.6 %13.9 %9.6 %
ROI3.3 %10.0 %25.2 %13.1 %8.1 %
Economic value added (EVA)- 786.60416.303 744.771 854.99322.97
Solvency
Equity ratio37.8 %51.2 %40.9 %37.0 %37.3 %
Gearing116.6 %40.9 %75.2 %121.3 %132.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.00.40.40.6
Current ratio1.82.21.81.61.6
Cash and cash equivalents152.38171.0913.5318.881 440.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.84%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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