OLSEN ENGINEERING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21844772
Fabersvej 2 C, 3250 Gilleleje
olsen@olsen.dk
tel: 48301064

Credit rating

Company information

Official name
OLSEN ENGINEERING HOLDING ApS
Personnel
1 person
Established
1999
Company form
Private limited company
Industry

About OLSEN ENGINEERING HOLDING ApS

OLSEN ENGINEERING HOLDING ApS (CVR number: 21844772) is a company from GRIBSKOV. The company recorded a gross profit of -69.9 kDKK in 2023. The operating profit was -69.9 kDKK, while net earnings were 92.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLSEN ENGINEERING HOLDING ApS's liquidity measured by quick ratio was 108 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 164.03- 134.00- 125.07- 121.72-69.88
EBIT- 577.79- 505.80- 201.25- 121.72-69.88
Net earnings- 611.77- 456.39- 275.53- 183.8092.58
Shareholders equity total4 004.543 148.152 472.621 988.821 963.60
Balance sheet total (assets)4 061.583 328.682 505.302 024.821 981.95
Net debt-3 959.51-3 320.03-2 501.88-2 024.82-1 972.74
Profitability
EBIT-%
ROA-12.5 %-12.3 %-6.0 %-4.8 %4.6 %
ROE-13.7 %-12.8 %-9.8 %-8.2 %4.7 %
ROI-12.9 %-12.7 %-6.2 %-4.9 %4.7 %
Economic value added (EVA)- 583.78- 508.06- 191.86- 120.25-68.07
Solvency
Equity ratio98.6 %94.6 %98.7 %98.2 %99.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio69.518.476.756.2108.0
Current ratio69.518.476.756.2108.0
Cash and cash equivalents3 959.513 320.032 501.882 024.821 972.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:4.62%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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