OLSEN & RASMUSSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLSEN & RASMUSSEN HOLDING ApS
OLSEN & RASMUSSEN HOLDING ApS (CVR number: 32337880) is a company from ASSENS. The company recorded a gross profit of -8 kDKK in 2024. The operating profit was -123.4 kDKK, while net earnings were -755.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.2 %, which can be considered poor and Return on Equity (ROE) was -73.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLSEN & RASMUSSEN HOLDING ApS's liquidity measured by quick ratio was 5.5 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 | -10.78 | -8.47 | -8.46 | -7.23 | -8.00 |
| EBIT | -71.86 | -18.08 | - 103.46 | - 167.23 | - 123.37 |
| Net earnings | 233.35 | -59.29 | 147.16 | 367.74 | - 755.84 |
| Shareholders equity total | 946.38 | 887.09 | 1 034.25 | 1 401.99 | 646.15 |
| Balance sheet total (assets) | 1 111.79 | 955.52 | 1 108.28 | 1 577.65 | 789.99 |
| Net debt | - 946.44 | - 822.60 | - 992.21 | -1 479.98 | - 699.11 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 23.5 % | -1.1 % | 14.1 % | 34.1 % | -9.2 % |
| ROE | 28.1 % | -6.5 % | 15.3 % | 30.2 % | -73.8 % |
| ROI | 28.1 % | -1.2 % | 15.1 % | 37.2 % | -10.4 % |
| Economic value added (EVA) | - 107.73 | -65.25 | - 149.50 | - 186.94 | - 194.73 |
| Solvency | |||||
| Equity ratio | 85.1 % | 92.8 % | 93.3 % | 88.9 % | 81.8 % |
| Gearing | 0.1 % | 0.1 % | 0.8 % | 1.3 % | 6.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.7 | 14.0 | 15.0 | 9.0 | 5.5 |
| Current ratio | 6.7 | 14.0 | 15.0 | 9.0 | 5.5 |
| Cash and cash equivalents | 947.25 | 823.41 | 1 000.53 | 1 498.36 | 740.11 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BBB | BB |
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