OLE LYKKE RASMUSSEN ApS — Credit Rating and Financial Key Figures

CVR number: 88692217
Kochsgade 95 B, 5000 Odense C
stumo@live.dk
tel: 66165505

Credit rating

Company information

Official name
OLE LYKKE RASMUSSEN ApS
Established
1979
Company form
Private limited company
Industry

About OLE LYKKE RASMUSSEN ApS

OLE LYKKE RASMUSSEN ApS (CVR number: 88692217) is a company from ODENSE. The company recorded a gross profit of -26.7 kDKK in 2023. The operating profit was -26.7 kDKK, while net earnings were 308.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.6 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE LYKKE RASMUSSEN ApS's liquidity measured by quick ratio was 118.3 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-14.08-22.66-26.80-20.62-26.73
EBIT-14.08-22.66-26.80-20.62-26.73
Net earnings11.08283.65165.3438.37308.51
Shareholders equity total1 342.761 515.811 568.151 492.121 682.83
Balance sheet total (assets)1 358.141 611.921 640.231 688.311 783.06
Net debt-1 337.50-1 518.40-1 612.24-1 516.71-1 746.68
Profitability
EBIT-%
ROA6.8 %19.9 %18.8 %7.6 %23.6 %
ROE0.8 %19.8 %10.7 %2.5 %19.4 %
ROI6.9 %20.1 %19.2 %7.8 %24.5 %
Economic value added (EVA)-14.78-22.74-16.71-12.72-10.99
Solvency
Equity ratio98.9 %94.0 %95.6 %88.4 %94.4 %
Gearing5.3 %1.5 %11.5 %
Relative net indebtedness %
Liquidity
Quick ratio88.316.842.99.0118.3
Current ratio88.316.842.99.0118.3
Cash and cash equivalents1 337.501 599.131 635.121 688.311 746.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:23.6%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.4%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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