FINN OLESEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 24234533
Højlundsvej 115, 7800 Skive
tel: 98510949

Company information

Official name
FINN OLESEN HOLDING ApS
Personnel
1 person
Established
1999
Company form
Private limited company
Industry

About FINN OLESEN HOLDING ApS

FINN OLESEN HOLDING ApS (CVR number: 24234533) is a company from SKIVE. The company recorded a gross profit of -90.2 kDKK in 2023. The operating profit was -276 kDKK, while net earnings were 1349.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINN OLESEN HOLDING ApS's liquidity measured by quick ratio was 11.2 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-97.68-73.61-50.90-78.95-90.21
EBIT- 281.26- 258.56- 259.92- 264.29- 276.03
Net earnings1 298.915 750.31732.44-1 877.461 349.18
Shareholders equity total12 989.5718 139.8818 272.3216 608.6217 557.80
Balance sheet total (assets)14 638.4520 699.1719 619.1017 731.2418 935.63
Net debt-9 945.87-16 563.84-14 754.62-12 767.37-13 972.11
Profitability
EBIT-%
ROA9.3 %39.8 %5.1 %6.3 %7.7 %
ROE10.1 %36.9 %4.0 %-10.8 %7.9 %
ROI9.3 %40.7 %5.2 %6.3 %7.7 %
Economic value added (EVA)- 992.84- 946.45-1 208.06-1 224.93-1 161.69
Solvency
Equity ratio88.7 %87.6 %93.1 %93.7 %92.7 %
Gearing12.2 %9.3 %6.1 %6.1 %7.5 %
Relative net indebtedness %
Liquidity
Quick ratio7.47.713.812.411.2
Current ratio7.47.713.812.411.2
Cash and cash equivalents11 533.7918 249.4215 872.7713 788.0115 297.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:7.70%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.7%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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