VENDELIN OLESEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VENDELIN OLESEN HOLDING ApS
VENDELIN OLESEN HOLDING ApS (CVR number: 35390278) is a company from FREDERIKSBERG. The company recorded a gross profit of -505.3 kDKK in 2023. The operating profit was -581.9 kDKK, while net earnings were 5347.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VENDELIN OLESEN HOLDING ApS's liquidity measured by quick ratio was 15.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 131.64 | - 284.26 | - 354.22 | - 469.58 | - 505.33 |
EBIT | - 171.28 | - 390.03 | - 643.26 | - 543.73 | - 581.92 |
Net earnings | 8 359.79 | 6 736.34 | 9 535.82 | -3 823.59 | 5 347.63 |
Shareholders equity total | 97 448.48 | 102 184.82 | 109 748.89 | 105 925.30 | 111 272.93 |
Balance sheet total (assets) | 109 956.48 | 106 962.57 | 112 202.71 | 105 970.84 | 115 071.30 |
Net debt | -34 998.66 | -47 184.30 | -51 060.22 | -38 698.61 | -37 691.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.6 % | 6.4 % | 12.8 % | 6.3 % | 6.9 % |
ROE | 9.0 % | 6.7 % | 9.0 % | -3.5 % | 4.9 % |
ROI | 10.3 % | 7.6 % | 11.4 % | 5.9 % | 6.2 % |
Economic value added (EVA) | -1 611.93 | -1 694.31 | -1 497.98 | -1 818.10 | -2 212.68 |
Solvency | |||||
Equity ratio | 88.6 % | 95.5 % | 97.8 % | 100.0 % | 96.7 % |
Gearing | 10.6 % | 1.5 % | 0.0 % | 3.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.7 | 11.2 | 25.3 | 1 080.4 | 15.3 |
Current ratio | 5.7 | 11.2 | 25.3 | 1 080.4 | 15.3 |
Cash and cash equivalents | 45 310.77 | 48 708.11 | 51 060.22 | 38 701.62 | 41 428.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AAA | AAA | A | AA |
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