B2 OLOF PALMES ALLÉ ApS — Credit Rating and Financial Key Figures

CVR number: 31329329
Strandvejen 118, 2900 Hellerup

Company information

Official name
B2 OLOF PALMES ALLÉ ApS
Established
2008
Company form
Private limited company
Industry

About B2 OLOF PALMES ALLÉ ApS

B2 OLOF PALMES ALLÉ ApS (CVR number: 31329329) is a company from GENTOFTE. The company recorded a gross profit of 2700.6 kDKK in 2023. The operating profit was 1094.5 kDKK, while net earnings were 67.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.9 %, 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. B2 OLOF PALMES ALLÉ ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 031.522 622.412 650.492 836.602 700.57
EBIT6 531.5313 222.414 850.493 336.601 094.53
Net earnings1 073.519 715.483 190.821 989.6767.67
Shareholders equity total13 557.3123 272.7926 463.6128 453.2928 520.96
Balance sheet total (assets)76 514.3487 755.7590 419.5590 397.3389 298.05
Net debt56 545.3955 041.6053 866.3052 348.6851 291.42
Profitability
EBIT-%
ROA8.7 %16.1 %5.4 %3.7 %1.2 %
ROE8.2 %52.8 %12.8 %7.2 %0.2 %
ROI8.9 %16.4 %5.5 %3.7 %1.3 %
Economic value added (EVA)2 256.427 240.60270.69-1 032.87-2 899.71
Solvency
Equity ratio17.7 %26.5 %29.3 %31.5 %31.9 %
Gearing417.1 %239.3 %207.5 %185.7 %182.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.10.1
Current ratio0.00.10.10.10.1
Cash and cash equivalents641.291 052.05490.69844.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.24%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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