ØLSTED II ApS — Credit Rating and Financial Key Figures

CVR number: 27701744
Parcelvej 47, 2840 Holte
rabol@mail.dk

Company information

Official name
ØLSTED II ApS
Established
2004
Company form
Private limited company
Industry

About ØLSTED II ApS

ØLSTED II ApS (CVR number: 27701744) is a company from RUDERSDAL. The company recorded a gross profit of 1640.3 kDKK in 2023. The operating profit was 2511 kDKK, while net earnings were 1819.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ØLSTED II ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales669.56686.22811.71
Gross profit152.22348.97308.231 795.101 640.29
EBIT- 146.2247.268.782 403.162 511.01
Net earnings- 502.53- 303.73- 351.231 795.651 819.51
Shareholders equity total-5 514.83-5 818.56-6 169.7920 446.1222 265.64
Balance sheet total (assets)11 085.7910 707.8810 358.6843 212.9544 393.65
Net debt8 600.008 400.008 149.538 077.377 190.62
Profitability
EBIT-%-21.8 %6.9 %1.1 %
ROA-0.9 %0.3 %0.1 %8.0 %5.7 %
ROE-4.5 %-2.8 %-3.3 %11.7 %8.5 %
ROI-0.9 %0.3 %0.1 %9.4 %7.1 %
Economic value added (EVA)105.65324.38301.172 435.15931.19
Solvency
Equity ratio28.0 %24.3 %18.4 %66.0 %66.4 %
Gearing-155.9 %-144.4 %-132.1 %39.5 %32.3 %
Relative net indebtedness %2479.3 %2408.3 %2036.3 %
Liquidity
Quick ratio2.62.61.61.51.5
Current ratio1.91.81.21.51.5
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)240.3145.4145.3
Net working capital %45.4 %29.6 %7.3 %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:5.73%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.4%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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