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Knitting for Olive ApS — Credit Rating and Financial Key Figures

CVR number: 39685000
Godthåbsvej 55, 2000 Frederiksberg
pernille@knittingforolive.dk
tel: 26204662
Free credit report Annual report

Credit rating

Company information

Official name
Knitting for Olive ApS
Personnel
38 persons
Established
2018
Company form
Private limited company
Industry

About Knitting for Olive ApS

Knitting for Olive ApS (CVR number: 39685000) is a company from FREDERIKSBERG. The company recorded a gross profit of 24.8 mDKK in 2025. The operating profit was 14.6 mDKK, while net earnings were 10.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 42.8 %, which can be considered excellent and Return on Equity (ROE) was 94.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Knitting for Olive ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit20 106.5814 806.4920 928.7025 313.6324 769.08
EBIT11 108.346 569.1212 584.9316 010.1914 582.73
Net earnings7 820.584 371.208 769.1812 020.9410 888.67
Shareholders equity total10 870.582 838.208 819.1812 070.9410 938.67
Balance sheet total (assets)19 473.0522 610.9524 077.9229 816.8738 306.03
Net debt1 553.3410 077.4812 061.558 227.166 725.76
Profitability
EBIT-%
ROA70.1 %31.2 %53.9 %59.4 %42.8 %
ROE90.5 %63.8 %150.4 %115.1 %94.6 %
ROI96.2 %37.0 %61.3 %71.7 %56.8 %
Economic value added (EVA)8 227.094 303.088 803.7111 436.9410 179.15
Solvency
Equity ratio55.8 %12.6 %36.6 %40.5 %28.6 %
Gearing41.2 %609.9 %136.8 %97.0 %152.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.30.40.5
Current ratio2.21.11.61.71.4
Cash and cash equivalents2 920.967 231.873 483.739 926.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:42.8%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:28.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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