BIRGIT OLESEN ApS — Credit Rating and Financial Key Figures

CVR number: 26627753
Dronningholmvej 7, 9600 Aars

Company information

Official name
BIRGIT OLESEN ApS
Established
2002
Company form
Private limited company
Industry

About BIRGIT OLESEN ApS

BIRGIT OLESEN ApS (CVR number: 26627753) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 530.3 kDKK in 2023. The operating profit was 427.6 kDKK, while net earnings were 184.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 20.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.5 %, 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. BIRGIT OLESEN ApS's liquidity measured by quick ratio was 0.4 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 profit432.92495.25459.69453.55530.34
EBIT335.33396.38359.55352.13427.65
Net earnings223.79254.01218.06203.88184.42
Shareholders equity total767.48621.48589.54793.42977.84
Balance sheet total (assets)6 418.256 205.685 932.055 939.835 917.69
Net debt5 157.754 996.074 842.224 593.784 433.73
Profitability
EBIT-%
ROA5.4 %6.5 %6.0 %6.0 %7.3 %
ROE26.2 %36.6 %36.0 %29.5 %20.8 %
ROI5.7 %6.9 %6.5 %6.4 %7.8 %
Economic value added (EVA)-41.78-2.78-15.16-13.6073.39
Solvency
Equity ratio12.0 %10.0 %9.9 %13.4 %16.5 %
Gearing676.5 %816.3 %826.0 %585.5 %458.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.70.30.30.4
Current ratio1.10.70.30.30.4
Cash and cash equivalents34.4076.9727.5051.7748.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.32%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.5%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.