Strand & Olsen ApS — Credit Rating and Financial Key Figures

CVR number: 42050903
H.C. Lumbyes Vej 55 A, Lumby 5270 Odense N
strandogolsen@gmail.com

Company information

Official name
Strand & Olsen ApS
Personnel
1 person
Established
2021
Domicile
Lumby
Company form
Private limited company
Industry

About Strand & Olsen ApS

Strand & Olsen ApS (CVR number: 42050903) is a company from ODENSE. The company recorded a gross profit of 42.2 kDKK in 2023. The operating profit was 8.7 kDKK, while net earnings were 8.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -6.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Strand & Olsen ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit599.28261.9442.24
EBIT50.42-85.788.68
Net earnings36.74-88.588.27
Shareholders equity total76.74-11.84-3.56
Balance sheet total (assets)295.1672.6051.80
Net debt-81.722.62-38.77
Profitability
EBIT-%
ROA17.1 %-45.2 %12.4 %
ROE47.9 %-118.6 %13.3 %
ROI57.9 %-176.6 %75.4 %
Economic value added (EVA)39.02-85.019.64
Solvency
Equity ratio26.0 %-14.0 %-6.4 %
Gearing13.6 %-84.4 %-365.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.50.9
Current ratio1.20.50.9
Cash and cash equivalents92.137.3751.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-6.43%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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