ØLSTED II ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 669.56 | 686.22 | 811.71 | ||
Gross profit | 152.22 | 348.97 | 308.23 | 1 795.10 | 1 640.29 |
EBIT | - 146.22 | 47.26 | 8.78 | 2 403.16 | 2 511.01 |
Net earnings | - 502.53 | - 303.73 | - 351.23 | 1 795.65 | 1 819.51 |
Shareholders equity total | -5 514.83 | -5 818.56 | -6 169.79 | 20 446.12 | 22 265.64 |
Balance sheet total (assets) | 11 085.79 | 10 707.88 | 10 358.68 | 43 212.95 | 44 393.65 |
Net debt | 8 600.00 | 8 400.00 | 8 149.53 | 8 077.37 | 7 190.62 |
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) | 105.65 | 324.38 | 301.17 | 2 435.15 | 931.19 |
Solvency | |||||
Equity ratio | 28.0 % | 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 ratio | 2.6 | 2.6 | 1.6 | 1.5 | 1.5 |
Current ratio | 1.9 | 1.8 | 1.2 | 1.5 | 1.5 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 240.3 | 145.4 | 145.3 | ||
Net working capital % | 45.4 % | 29.6 % | 7.3 % | ||
Credit risk | |||||
Credit rating | BBB | A | A | AA | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.