TORBEN OLSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25653033
Løkkevang 4, 6870 Ølgod
tel: 22482510

Credit rating

Company information

Official name
TORBEN OLSEN HOLDING ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About TORBEN OLSEN HOLDING ApS

TORBEN OLSEN HOLDING ApS (CVR number: 25653033) is a company from VARDE. The company recorded a gross profit of 59.1 kDKK in 2023. The operating profit was -5.1 kDKK, while net earnings were 2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORBEN OLSEN HOLDING ApS's liquidity measured by quick ratio was 51.8 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 profit18.5322.0029.0076.0059.08
EBIT-32.22-42.00-35.00-88.00-5.06
Net earnings-49.93-53.00-37.00-93.002.90
Shareholders equity total3 853.373 689.003 539.003 332.003 217.45
Balance sheet total (assets)3 895.443 704.003 554.003 463.003 238.40
Net debt-2 243.65-1 299.00-1 272.00-1 245.00-1 079.47
Profitability
EBIT-%
ROA-0.9 %-1.1 %-1.0 %-2.5 %0.1 %
ROE-1.3 %-1.4 %-1.0 %-2.7 %0.1 %
ROI-0.9 %-1.1 %-1.0 %-2.6 %0.1 %
Economic value added (EVA)-95.42- 104.47- 155.10- 201.92- 109.93
Solvency
Equity ratio98.9 %99.6 %99.6 %96.2 %99.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio54.190.584.89.551.8
Current ratio54.190.584.89.551.8
Cash and cash equivalents2 243.651 299.001 272.001 245.001 079.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.09%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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