TVÆRSIG OLESEN A/S — Credit Rating and Financial Key Figures

CVR number: 26118190
Nørregade 53, Bjerre 8783 Hornsyld
tel: 75687075
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Company information

Official name
TVÆRSIG OLESEN A/S
Personnel
1 person
Established
2001
Domicile
Bjerre
Company form
Limited company
Industry

About TVÆRSIG OLESEN A/S

TVÆRSIG OLESEN A/S (CVR number: 26118190) is a company from HEDENSTED. The company recorded a gross profit of 8862.7 kDKK in 2024. The operating profit was 8719.5 kDKK, while net earnings were 6357.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 99.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TVÆRSIG OLESEN A/S's liquidity measured by quick ratio was 1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 080.492 310.763 538.273 324.348 862.72
EBIT1 198.981 380.602 477.832 492.528 719.51
Net earnings20.41252.751 219.65- 629.896 357.66
Shareholders equity total2 396.042 648.793 868.443 238.559 596.21
Balance sheet total (assets)66 138.0664 437.8165 717.8865 642.9974 033.46
Net debt62 007.3860 176.5259 635.3261 142.4011 026.51
Profitability
EBIT-%
ROA1.8 %2.1 %3.8 %3.8 %14.3 %
ROE0.8 %10.0 %37.4 %-17.7 %99.1 %
ROI1.8 %2.2 %3.9 %3.9 %14.5 %
Economic value added (EVA)-2 092.76-1 856.89- 679.14- 698.545 484.37
Solvency
Equity ratio3.7 %4.1 %5.9 %5.0 %13.0 %
Gearing2587.9 %2271.8 %1541.6 %1888.0 %658.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.02.01.0
Current ratio0.40.30.32.01.0
Cash and cash equivalents52 179.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:14.3%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.0%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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