KO TØMRER- & SNEDKERFIRMAET KURT OLSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KO TØMRER- & SNEDKERFIRMAET KURT OLSEN A/S
KO TØMRER- & SNEDKERFIRMAET KURT OLSEN A/S (CVR number: 26692687) is a company from VEJLE. The company recorded a gross profit of -15 kDKK in 2024. The operating profit was -15 kDKK, while net earnings were -14.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -8.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KO TØMRER- & SNEDKERFIRMAET KURT OLSEN A/S's liquidity measured by quick ratio was 11.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 370.40 | 364.02 | 379.01 | 177.77 | -15.00 |
EBIT | 94.96 | 41.52 | 81.43 | - 112.62 | -15.00 |
Net earnings | 126.59 | 28.09 | 80.83 | - 232.61 | -14.63 |
Shareholders equity total | 296.62 | 324.72 | 405.54 | 172.93 | 158.30 |
Balance sheet total (assets) | 894.03 | 761.84 | 827.59 | 551.99 | 173.30 |
Net debt | - 123.58 | - 157.01 | - 156.59 | - 471.32 | - 162.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.1 % | 5.0 % | 10.2 % | -16.3 % | -4.0 % |
ROE | 54.3 % | 9.0 % | 22.1 % | -80.4 % | -8.8 % |
ROI | 40.7 % | 13.4 % | 22.3 % | -38.9 % | -8.8 % |
Economic value added (EVA) | 123.02 | 15.72 | 65.11 | - 100.34 | -23.69 |
Solvency | |||||
Equity ratio | 33.2 % | 42.6 % | 49.0 % | 31.3 % | 91.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.7 | 1.9 | 1.5 | 11.6 |
Current ratio | 1.5 | 1.7 | 2.0 | 1.5 | 11.6 |
Cash and cash equivalents | 123.58 | 157.01 | 156.59 | 471.32 | 162.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | B |
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