OLE DAMGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29011028
J. Skjoldborgs Vej 8, 7400 Herning

Company information

Official name
OLE DAMGAARD HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About OLE DAMGAARD HOLDING ApS

OLE DAMGAARD HOLDING ApS (CVR number: 29011028) is a company from HERNING. The company reported a net sales of 0.9 mDKK in 2024, demonstrating a growth of 606 % compared to the previous year. The operating profit percentage was at 98.2 % (EBIT: 0.9 mDKK), while net earnings were 1090.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE DAMGAARD HOLDING ApS's liquidity measured by quick ratio was 349.4 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 sales133.00939.01
Gross profit-13.42-12.26-13.79117.00922.11
EBIT-13.42-12.26-13.79117.00922.11
Net earnings312.36347.47- 120.63229.001 090.08
Shareholders equity total3 344.503 491.983 258.353 370.004 337.89
Balance sheet total (assets)3 354.203 529.233 283.213 536.004 347.59
Net debt-2 268.76-2 946.28-2 885.11-2 356.00-2 628.44
Profitability
EBIT-%88.0 %98.2 %
ROA10.4 %11.0 %4.4 %6.7 %27.8 %
ROE9.5 %10.2 %-3.6 %6.9 %28.3 %
ROI10.4 %11.0 %4.4 %6.9 %28.4 %
Economic value added (EVA)- 173.13- 177.86- 188.73-46.97749.51
Solvency
Equity ratio99.7 %98.9 %99.2 %95.3 %99.8 %
Gearing0.1 %0.1 %0.1 %0.1 %0.1 %
Relative net indebtedness %-1650.4 %-279.4 %
Liquidity
Quick ratio234.479.2116.814.3349.4
Current ratio234.479.2116.814.3349.4
Cash and cash equivalents2 273.462 950.982 889.812 361.002 633.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %430.1 %170.7 %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:27.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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