KO TØMRER- & SNEDKERFIRMAET KURT OLSEN A/S — Credit Rating and Financial Key Figures

CVR number: 26692687
Rødeskolevej 6, 7300 Jelling
kurt@kurtolsen.dk
tel: 75730474
Free credit report Annual report

Company information

Official name
KO TØMRER- & SNEDKERFIRMAET KURT OLSEN A/S
Personnel
1 person
Established
2002
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit370.40364.02379.01177.77-15.00
EBIT94.9641.5281.43- 112.62-15.00
Net earnings126.5928.0980.83- 232.61-14.63
Shareholders equity total296.62324.72405.54172.93158.30
Balance sheet total (assets)894.03761.84827.59551.99173.30
Net debt- 123.58- 157.01- 156.59- 471.32- 162.77
Profitability
EBIT-%
ROA12.1 %5.0 %10.2 %-16.3 %-4.0 %
ROE54.3 %9.0 %22.1 %-80.4 %-8.8 %
ROI40.7 %13.4 %22.3 %-38.9 %-8.8 %
Economic value added (EVA)123.0215.7265.11- 100.34-23.69
Solvency
Equity ratio33.2 %42.6 %49.0 %31.3 %91.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.41.71.91.511.6
Current ratio1.51.72.01.511.6
Cash and cash equivalents123.58157.01156.59471.32162.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-4.04%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.3%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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