CHR. OLESEN LATIN AMERICA A/S
Credit rating
Company information
About CHR. OLESEN LATIN AMERICA A/S
CHR. OLESEN LATIN AMERICA A/S (CVR number: 34204691) is a company from GENTOFTE. The company reported a net sales of 21.7 mEUR in 2023, demonstrating a decline of -58.8 % compared to the previous year. The operating profit percentage was at 4.4 % (EBIT: 0.9 mEUR), while net earnings were 1987 kEUR. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CHR. OLESEN LATIN AMERICA A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 49 705.61 | 40 256.28 | 48 177.19 | 52 722.02 | 21 717.81 |
Gross profit | 935.66 | 1 705.55 | 2 566.70 | 2 682.53 | 1 562.78 |
EBIT | 407.09 | 1 142.30 | 1 247.35 | 616.61 | 947.98 |
Net earnings | -1 391.35 | 1 704.95 | 4 828.57 | 6 972.60 | 1 986.98 |
Shareholders equity total | -1 380.87 | - 672.40 | 4 327.63 | 13 325.47 | 15 290.09 |
Balance sheet total (assets) | 32 198.68 | 20 562.37 | 37 710.81 | 27 539.87 | 29 487.02 |
Net debt | 21 618.51 | 14 915.27 | 22 970.77 | 10 142.70 | 12 255.38 |
Profitability | |||||
EBIT-% | 0.8 % | 2.8 % | 2.6 % | 1.2 % | 4.4 % |
ROA | -0.4 % | 9.1 % | 18.3 % | 23.6 % | 10.1 % |
ROE | -8.6 % | 6.5 % | 38.8 % | 79.0 % | 13.9 % |
ROI | -0.5 % | 13.6 % | 25.5 % | 30.2 % | 11.3 % |
Economic value added (EVA) | 342.22 | 1 333.81 | 1 187.95 | 789.42 | 1 340.69 |
Solvency | |||||
Equity ratio | -4.1 % | -3.2 % | 11.5 % | 48.4 % | 51.9 % |
Gearing | -1565.6 % | -2218.2 % | 530.8 % | 77.4 % | 80.2 % |
Relative net indebtedness % | 67.6 % | 52.7 % | 69.3 % | 26.6 % | 65.4 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 0.9 | 0.8 | 0.7 |
Current ratio | 0.9 | 0.8 | 0.9 | 0.8 | 0.9 |
Cash and cash equivalents | 167.18 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 78.9 | 111.4 | 186.0 | 58.6 | 169.6 |
Net working capital % | -9.1 % | -9.9 % | -6.6 % | -4.5 % | -9.6 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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